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DATA#3 LIMITED — Earnings Release 2013
Jul 25, 2013
64791_rns_2013-07-25_9c2b6251-6a87-48bf-a74e-a827ca3ddec4.pdf
Earnings Release
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MARKET RELEASE
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Data[#] 3 FY2013 profit guidance update
FY2013 NPAT expected to be approximately $12.1M
Dividend expected to remain consistent with prior period
BRISBANE, Friday 26 July 2013 : Australian business technology solutions leader Data[#] 3 Limited (ASX: DTL) has confirmed that the net profit after tax for the 2013 financial year is expected to be approximately $12.1 million. This is within the previously announced guidance range of $11.0 to $12.5 million, and compares to $13.679 million for the 2012 financial year.
“A very strong fourth quarter has allowed us to deliver a solid full year NPAT result for shareholders. Cash flow finished 2013 very strongly and well ahead of our forecasts, with debtors inside all targets and inventory at its lowest level in over a decade. The business is in very good shape entering what is expected to remain a difficult market in 2014,” commented Data[#] 3 Managing Director John Grant.
Chairman Richard Anderson added that “Assuming no material audit adjustments and on the back of our very strong balance sheet, we expect the full year profit after tax will enable us to maintain the quantum of the dividend in line with the previous period.”
The board intends to announce the audited full year results and the final dividend on 23 August 2013.
ENDS
For additional information contact:
John Grant Brem Hill Managing Director Chief Financial Officer & Company Secretary Tel: 1300 23 28 23 Tel: 1300 23 28 23 Mob: 0411 429 930 Mob: 0411 887 182 Email: [email protected] Email: [email protected]
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MARKET RELEASE
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About Data[#] 3
Data[#] 3 Limited (ASX: DTL) is one of Australia’s leading business technology solutions companies servicing customers across a wide range of industries throughout Australia and the Asia Pacific.
The company was established in 1984 and listed on the ASX in 1997.
Working with customer’s business and technology teams, Data[#] 3 addresses the Hybrid IT environment from onpremise to outsourced to cloud , through its consulting, software, infrastructure and managed solutions. These solutions leverage market-leading technologies from global vendors and Data[#] 3’s knowledge, expertise and experience to accelerate the achievement of customer business objectives:
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Consulting: for strategic and transformational services that enhance returns from business technology solutions
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Software Solutions: for software licensing and deployment; asset management; and business productivity
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Infrastructure Solutions: for hardware lifecycle management; maintenance; and datacentre, network and desktop infrastructure
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Managed Solutions: for staffing; outsourcing; essential support; ‘as a service’; and cloud brokerage.
Data[#] 3 reported revenues of $811 million in the 2012 financial year and $406 million for the first half of the 2013 financial year. The company is headquartered in Brisbane with offices across Australia, and has approximately 1,000 permanent and contracted employees.
More information about Data[#] 3 and its solution offerings is available at http://www.data3.com.au
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