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DATA#3 LIMITED — Earnings Release 2017
Jan 19, 2017
64791_rns_2017-01-19_476a38dc-a8f1-42bc-8681-14d3819355e4.pdf
Earnings Release
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MARKET RELEASE
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Data[#] 3 expects to report sustained earnings growth
• First half NPBT estimated to be approximately $8.0 million, an increase of around 30%
BRISBANE, Friday 20 January 2017 : Australian business technology solutions leader Data[#] 3 Limited (ASX: DTL) has advised that, subject to confirmation of the Discovery Technology result (62% owned by Data[#] 3) and the Data[#] 3 group half year audit, the consolidated net profit before tax (NPBT) for the first half of the 2017 financial year (1H FY17) is estimated to be approximately $8.0 million, representing growth of approximately 30% compared to 1H FY16’s NPBT of $6.1 million.
This is consistent with the first half projection provided at the AGM in November 2016, being NPBT in the range of $7.0 to $8.5 million.
The consolidated net profit after tax excluding non-controlling interests, and earnings per share, are also expected to increase by approximately 30% compared to 1H FY16.
These pre-audit estimates represent solid performance by the core Data[#] 3 business, strong growth in services, and a modest profit contribution from Discovery Technology.
The board intends to announce the audited interim results and the interim dividend on 22 February 2017.
ENDS
For additional information contact:
Laurence Baynham Brem Hill Chief Executive Officer & Managing Director Chief Financial Officer & Company Secretary Tel: 1300 23 28 23 Tel: 1300 23 28 23 Mob: 0413 155 150 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 1977 and listed on the ASX in 1997.
Business technology solutions from Data[#] 3 are underpinned by market-leading expertise in technologies from global vendors. The specialised solution categories include Cloud, Data and Analytics, Mobility, Consulting, Security and IT Lifecycle Management. Through the use of these solutions, Data[#] 3 helps its customers to achieve:
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access anywhere anytime,
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increased productivity, organisational agility and enterprise growth,
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enterprise cost control,
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IT systems, applications and infrastructure optimisation,
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security, integrity, compliance and risk management, and innovation.
Data[#] 3 reported revenues of $983.2 million in FY16. The company has more than 1,100 employees and contractors and is headquartered in Brisbane with offices, data centres, and configuration and warehousing facilities across Australia.
More information about Data[#] 3 and its solution offerings is available at http://www.data3.com.au
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