Logicalis the shining star for Datatec
Premium Content

Access "Logicalis the shining star for Datatec"

Published: 06 Jun 2014
MicroScope: June 2014

This article is part of the June 2014 issue of MicroScope: June 2014

Double digit growth at Logicalis helped parent Datatec deliver decent numbers for its financial year that finished in February with Westcon coming in for some criticism for under performing. Logicalis delivered a 15% revenue increase to $1.55bn for the year ended 28 February and a 16% improvement year-on-year in gross profit to $360m but Westcon only managed a 6% climb in turnover to $4.06bn and gross profits only moved upwards by 2% with operating profits down by 37%. The Logicalis growth was largely as a result of increasing services business, which is now over 30%, and it benefited across Europe from the 2e2 acquisition and also from demand from Brazil. The firm is expecting even more business to come through Brazil as the World Cup triggers some further spending and it also reported an expectation for a continued recovery in the general market for IT products and services over its next fiscal year. The channel player enjoyed strong Cisco and NetApp sales in all of its regions but reported that IBM and HP revenues were poor. Westcon saw a drop in revenue ... Access >>>

Access TechTarget
Premium Content for Free.

By submitting your personal information, you agree to receive emails regarding relevant products and special offers from TechTarget and its partners. You also agree that your personal information may be transferred and processed in the United States, and that you have read and agree to the Terms of Use and the Privacy Policy.

What's Inside

More Premium Content Accessible For Free

  • MicroScope: April 2015
    MIC_0415_ezine_pp13-MED.jpg
    E-Zine

    In this issue, we look at how employers can check staff criminal records and get industry views on the progress of the partnership between IBM and ...

  • MicroScope: March 2015
    MIC_0315_ezine_13p-MED.jpg
    E-Zine

    This issue looks at just where the channel should be looking to make its money in the cloud this year, as well as having a scan of what the main ...

  • MicroScope: February 2015
    MIC_0215_ezine_13p-MED.jpg
    E-Zine

    The skills gap has been a constant problem in the IT world but one that the channel has a role in solving. Plus, there is some advice for those ...