From The Rio Times · Samuel Ncube · · 1m 40s
Datatec Earnings Jump 53% in First Half
Datatec's core earnings per share rise 52.9% to 60.6% in first half of 2026.
In brief
Datatec's core earnings per share rise 52.9% to 60.6% in first half of 2026. Datatec's core earnings per share rose 52.9% to 60.6% for the six months to August 2026, driven by strong performance in its US operations and acquisitions. Originally reported by The Rio Times.
Datatec Earnings Forecast
Datatec core earnings per share should rise 52.9% to 60.6% in the half-year to August 2026.
Earnings Breakdown
Core earnings forecast at 29.5 to 31.0 US cents a share, headline earnings at 22.1 to 23.6 cents.
US Performance Driver
Logicalis reported exceptional performance in the United States, including acquisition of New Mexico cybersecurity firm Loial.
Share Price Reaction
Shares rose 2.5% to R57.44 (about US$3.50) after special dividend payout of R29 per share.
Dividend Details
Special dividend of R29 per share distributed to 78,585,515 shareholders, totaling R7.05 billion.
Westcon Financing
General Atlantic provided six-year loan of US$375 million to refinance Westcon, taking 5% stake for US$25 million.
Earnings Drivers
Westcon and Logicalis both posted record first-half adjusted EBITDA with strong US performance.
Full Results Timeline
Full interim results due on or about Thursday 29 October 2026 with revenue and profit in dollars.
Market Impact
Datatec shares trade on US OTCQX market as DTTLF, with US operations as named driver of earnings growth.
Latin America Performance
Logicalis Latin America reduced reliance on telecom customers while recovering tax credits.
What's Next
Full results expected Thursday 29 October 2026 with revenue and profit figures in dollars.
The short version
Datatec's core earnings per share rose 52.9% to 60.6% for the six months to August 2026, driven by strong performance in its US operations and acquisitions.
