Menu
Dicker Data anticipates positive FY11 outcome

Dicker Data anticipates positive FY11 outcome

Net profit is expected to reach between $5.9 and $6.3 million

ASX-listed Dicker Data (ASX:DDR), is expecting net profit to reach between $5.9 and $6.3 million for the 2011 financial year ending June 30.

This result will be subject to extraordinary items and potential year-end audit adjustments.

At the same time last year, it achieved $4.5 million in net profit.

Sales revenue for FY11 is expected to range between $360 -$370 million, up from $287 million on the previous year.

Profit before tax from operations is estimated to reach $8.5 - $9 million, up from $6.5 million.

More details on the distributor’s financial performance will be released to the market in August.

In March, Dicker recorded $48.9 million in sales for the month. At the time, CEO, David Dicker, attributed the record result to an increase in its Toshiba business, increase in focus and hiring more staff.


Follow Us

Join the newsletter!

Error: Please check your email address.

Tags Dicker DatatoshibaDavid Dicker2011 financial year

Show Comments