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DATA#3 LIMITED — AGM Information 2009
Nov 9, 2009
64791_rns_2009-11-09_2becea83-0a77-4703-882e-26ad2627c087.pdf
AGM Information
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MARKET RELEASE
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Data[#] 3 ‘on track’ to better 2009 half year result
BRISBANE, Tuesday 10[th ] November 2009. The Board of Directors of Data[#] 3 Limited (ASX:DTL) today announced at the Annual General Meeting that the company is on track to improve its first half financial performance over the outstanding FY08/09 result.
Chairman Richard Anderson confirmed that the first quarter result was on plan and the forecast for the half year is expected to better the previous first half result. “We are continuing to experience restraint in customer investment and higher levels of market competition and these are materialising as pressure on pricing and margins. However, we have a diversified business with much of our revenue under contract and our objectives for the 2010 financial year remain to gain marketshare, continue to build sustainable profitability through appropriate investments and to improve on the record performance of 2009,” he said.
Managing Director John Grant commented that the company had made a good start to the year with tender win rates improving over 2009. “Significant contracts have been secured in managed services for McWilliams Wines, NAB Wholesale and NBNCo; in the Victorian Government’s procurement panels for personal computing systems and services; in Microsoft software licensing for the South Australian Government; and in integrated technology projects for the Queensland Government’s hosted email and archiving solution,” he said. He also indicated there will be a significant bias in revenue to the first half as the Federal Government Microsoft licensing contract was billed in the current half compared to the second half last year. “So shareholders should expect an increase in first half revenue of approximately 40% over the pcp followed by a relative decline in the second half. Earnings will not be affected materially by this bias,” he said.
Data[#] 3 Email Alerts facility
You can now stay up to date with Data[#] 3’s business activities by registering to receive Email Alerts. This facility will automatically notify you via email each time Data[#] 3 releases company news and information. To join Email Alerts, simply fill in your details in the Investor section on Data[#] 3’s website (http://www.data3.com.au) and select which information you would like to receive.
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About Data[#] 3
Data[#] 3 Limited [ASX: DTL] is a national Information and Communication Technology (ICT) solutions company.
Data[#] 3’s provides market leading expertise in:
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Software licensing and software asset management solutions to optimise and manage the acquisition of software licensed in volume from global manufacturers
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Integrated solutions to design and deploy hardware and software infrastructure integrating the desktop, network and data centre
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Product solutions for procuring, configuring and rolling-out technology cost effectively
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Managed services to provide outsourced solutions for infrastructure operations, support and maintenance
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People solutions to provide contract and permanent recruitment and human capital performance management.
Data[#] 3’s customers cover a wide range of industries including banking and finance, mining, tourism and leisure, legal, healthcare, manufacturing, distribution, government and utilities located throughout Australia and Asia Pacific.
Data[#] 3 reported revenues of $530 million in the 2008/09 financial year, and has approximately 470 employees. The company is headquartered in Brisbane, and has offices located in Sydney, Melbourne, Canberra, Adelaide, Perth, Townsville, Rockhampton, Gladstone and New Caledonia.
More information about Data[#] 3 and its solution offerings is available at http://www.data3.com.au
ENDS
Media Contact - for further information please contact:
John Grant Managing Director Data[#] 3 Limited Tel: 1300 23 28 23 Mob: 0411 429 930
Brem Hill Chief Financial Officer Data[#] 3 Limited Tel: 1300 23 28 23 Mob: 0411 887 182
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