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DATA#3 LIMITED — Earnings Release 2010
Jan 18, 2010
64791_rns_2010-01-18_9d059b2e-d18c-43d7-9be1-6a93cabf25fa.pdf
Earnings Release
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MARKET RELEASE
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Data[#] 3 confirms yet another record first half with pre-tax profit up approximately 16%
Substantial increases in product revenues fuelled overall revenue growth of approximately 34%
BRISBANE, Australia - 19 January 2010 - Data[#] 3 Limited [ASX: DTL], a national information and communications technology (ICT) company, today confirmed that the profit for the first half of 2009/10 is expected to be consistent with previous guidance.
While yet to be finalised and reviewed by the company’s auditors, a profit before tax of approximately $6.8M is expected for the first half of 2009/10. This represents an increase of approximately 16% on the 2008/09 first half result of $5.85M. Revenue is expected to increase approximately 34% overall with product revenues increasing approximately 40% and services revenues expected to be similar to that of the previous period. The growth in product revenue was attributed to changes in timing for billing of the Federal Government Microsoft licensing contract and a key state government contract and strong revenue growth in Product Solutions particularly in New South Wales and Victoria. The services revenue reflected a decline in recruitment and contracting revenues offset by strong growth in Managed Services.
“With investment in information technology in the government and corporate sectors remaining constrained, this strong performance can be attributed to our national presence and the tenacity with which our people continue to pursue winning in the market,” commented Data[#] 3 Managing Director John Grant.
The Board indicated its intention to continue dividend payout rates similar to those of the previous year and will announce the final first half results and the interim dividend on 22 February 2010.
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.
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More information about Data[#] 3 and its solution offerings is available at http://www.data3.com.au
ENDS
Media information – 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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