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DATA#3 LIMITED — Earnings Release 2010
Jul 18, 2010
64791_rns_2010-07-18_5d744610-9cc8-4fcd-897d-74c2ae53f4b8.pdf
Earnings Release
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MARKET RELEASE
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Data[#] 3 anticipates full year to be ahead of expectations
EBIT expected to be up approximately 13% on previous year
BRISBANE , Monday 19[th] July 2010 . Data[#] 3 Limited (ASX: DTL), an information and communication technology solutions company, today announced that results for the 2010 financial year were expected to be ahead of analyst forecasts.
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Total revenue of approximately $599M expected for FY2010, up 13% on the previous year
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EBIT of approximately $15.2M forecast for FY2010, up 13% on the previous year
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Another record full-year result for the company
Analyst EBIT forecasts for FY2010 were in the range $14.3M to $14.7M.
Revenue for the first half of FY2010 was $306.7M, and EBIT was $6.4M. Revenue for the FY2009 was $530.5M, and EBIT was $13.4M.
Managing Director John Grant said the second half performance had exceeded earlier guidance.
“We’re very happy with this result particularly given the increasing share coming from all regions outside Queensland” Mr Grant said. “At the half year we expected a more difficult second half and advised that our objective was to at least equal the earnings result of the previous year. We are delighted that we’ve managed a particularly strong finish to the year. While the auditors still have to complete their review, we anticipate our full year profit after tax will be up around 11% on the previous corresponding period.”
The board intends to announce the audited full year results and the final dividend on 23[rd] August 2010.
Chairman Richard Anderson commented that “Subject only to finalizing the result and completing the audit we intend to maintain our established dividend payment practice.”
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.
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Data[#] 3 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.
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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 500 employees. The company is headquartered in Brisbane and also operates from Sydney, Melbourne, Canberra, Perth, Adelaide, 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:
Richard Anderson Chairman Data[#] 3 Limited Mob: 0418 742 901
Brem Hill Chief Financial Officer Data[#] 3 Limited Tel: 1300 23 28 23 Mob: 0411 887 182
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