Westcon up and Logicalis down for Datatec in 'resilient' FY 2021

Doug Woodburn
clock • 2 min read
Westcon up and Logicalis down for Datatec in 'resilient' FY 2021

Datatec CEO Jens Montanana points to "structural shift' in business from hardware to software and services

Datatec has reported "broadly flat" revenue for its year to 28 February 2021 as growth at distribution arm Westcon was offset by declines at Logicalis. The Johannesburg-listed IT group this morning unveiled FY 2021 revenues of $4.1bn, a 2.5 per cent fall on the $4.2bn restated revenues recorded the previous year. Datatec CEO Jens Montanana said Datatec's businesses have benefited from providing "many of the products and services required to support a remote IT networked-based way of doing business"....

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