Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.

Datacom revenue soars

Datacom has reported a 35 percent increase in full-year revenue to $504 million and a 9.5 per cent improvement in net profit to $32 million.
  • 28 July, 2009 10:29

<p>Despite the somewhat difficult market conditions in the financial year to 31st March 2009, Datacom Group has been able to report an increase in revenue of 35% from last years $372m to this year’s $504m, along with a 9.5% lift in profit after tax.</p>
<p>Of the total revenue New Zealand was at $228m, an increase of 4.5% on last year and Australia/Asia at $276m, an increase of 79%. The increase in Australia/Asia was assisted by very strong performances from the new business operations in South Australia and Western Australia, and the full year impact of previous acquisitions and new customers.</p>
<p>Net Profit before tax at $32m against last years $29.7m was considered very satisfactory in a year with decreasing margins and downward pressure on cost spending by many of Datacom’s customers.</p>
<p>At March 2009 the Group was showing a 10 year compound growth rate of 14% for revenue and 16% for profit.</p>
<p>Net Profit after tax was $22 million, compared with the previous year’s $20.1 million, up 9.5%.</p>
<p>During the year the Group invested $30m in capital expenditure of which a large portion was on construction of the new Datacentre in Albany, Auckland. This Datacentre which was opened by the Prime Minster of New Zealand on 8th May 2009 is the first large purpose-built datacentre built in New Zealand since the 1970’s and is unsurpassed in its ability to provide customers with safe and reliable computing housing now and in the future. The datacentre was designed and constructed with a comprehensive emphasis on sustainability from the perspectives of energy efficiency, energy and building management, and eco-compliance This investment provides Datacom unmatched advantages in securing large hosting customers and with space for 644 racks provides significant growth opportunities for Datacom over the next few years.</p>
<p>Staff numbers increased by 142, with New Zealand adding 100 and Australia/Asia 42. This brought total staff numbers to 3,075 compared to last year’s 2,933 up 5%.</p>
<p>In summary, the highlights of the year’s performance were:</p>
<p>• Total operating revenue was $504 million, up 35%
• Trading profit before tax was $32 million, up 7.5%
• After tax profit was $22 million, up 9.5%
• Staff numbers 3,075, up 5%</p>

Most Popular

Brand Post

Most Popular Reviews

Join the newsletter!

Error: Please check your email address.

Latest Articles


PCW Evaluation Team

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?