Menu
Data#3 to deliver $7.5m NPAT for 2014 financial year

Data#3 to deliver $7.5m NPAT for 2014 financial year

Result heavily skewed to the second half of the year

A strong final quarter has boosted business technology solutions company, Data#3 Limited's net profit after tax (NPAT) for the 2014 financial year to about $7.5 million.

This is down $4.6 million on the company 's (ASX: DTL) 2013 financial year result of $12.1 million.

The figure represents a second half NPAT of approximately $4.9 million, following $2.6 million in the first half, and is consistent with previous guidance issued by the Data#3 to the ASX.

“A very strong fourth quarter has allowed us to deliver a solid result in a difficult market, producing a full year result that was heavily skewed to the second half,” Data#3 managing director, John Grant, said.

Data#3 chairman, Richard Anderson, added, “Cash flow in the 2014 financial year was very strong, further strengthening the balance sheet. Subject to final audit we expect to maintain the dividend payout ratio in line with the previous year.”

The board intends to announce the audited full year results and the final dividend on August 21.

Read More:

Follow Us

Join the ARN newsletter!

Error: Please check your email address.

Tags resellerbusiness technology solutionsData#3Richard AndersonJohn Grant

Upcoming

Slideshows

In Pictures: User guide to Windows 10

In Pictures: User guide to Windows 10

Windows 10 officially launches this week, so if you’re going for an immediate upgrade from your Windows 7 or Windows 8/8.1 computer, this guide will get you up to speed as quickly as possible.

In Pictures: User guide to Windows 10

iasset.com is a channel management ecosystem that automates all major aspects of the entire sales, marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

Show Comments