DTC
DTC
Datatec - Earnings Update For The Financial Year Ended 28 February 2006
DATATEC LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/005004/06)
(Share code: DTC & ISIN: ZAE000017745)
("Datatec" or "the Company")
EARNINGS UPDATE FOR THE FINANCIAL YEAR ENDED 28 FEBRUARY 2006
Datatec is currently finalising its results for the financial year ended 28
February 2006 ("the Year"), which are expected to be released on Tuesday, 16 May
2006.
In this regard, shareholders are advised that headline earnings are expected to
be between 24 and 26 US cents per share for the Year, compared to headline
earnings of 4 US cents per share for the financial year ended 28 February 2005.
Datatec"s overall financial performance improved during the Year on both a
sequential and comparative basis to previously reported full year and half year
results. Trading in all divisions improved.
Attributable earnings are expected to be between 18 and 22 US cents per share
for the Year, compared to attributable earnings of 38 US cents per share for the
financial year ended 28 February 2005. The results for the financial year ended
28 February 2005 included exceptional profits realised on the sale by Logicalis
Group Limited of its Asia Pacific subsidiaries.
The financial information on which this trading statement is based has not been
reviewed and reported on by the Company"s auditors.
Sandton
10 March 2006
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 10/03/2006 10:20:05 AM Produced by the JSE SENS Department
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