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: VMworld 2015 Asia-Pacific and Japan party (+ 32 photos)

IN PICTURES: VMworld 2015 Asia-Pacific and Japan party (+ 32 photos)

VMware recently held an Asia-Pacific and Japan party for its partners in San Francisco following two days of keynotes and sessions. Whilst mingling and enjoying drinks and finger food, the partners were joined by VMware management who also took the opportunity to let their hair down to have some fun.

IN PICTURES: VMworld 2015 Asia-Pacific and Japan party (+ 32 photos)
IN PICTURES: VMworld 2015 sponsor and partner showcase (+41 photos)

IN PICTURES: VMworld 2015 sponsor and partner showcase (+41 photos)

VMware's sponsors and partners used the opportunity at VMworld 2015 to showcase some of their technologies. At an exhibition hall, these vendors educated those that popped by their stands on these solutions and addressed some of the issues surrounding mobility, datacentres, and the Cloud. SOme of the big names there included f5, Palo Alto Networks, HP, Intel, Samsung, and Symantec.

IN PICTURES: VMworld 2015 sponsor and partner showcase (+41 photos)

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