Datacom boosts profits, staff numbers

Latest financial results show solid growth

Datacom has upped its revenue by 15% and its after-tax proft by 7% in its latest financial results.

The result for the year ended March 31 showed total revenue of $450 million, with $263 million of that coming from New Zealand and $187 million from Australia and Asia. The latter showed the biggest increase, being 34% up on last year, while local revenue was up 5%.

However, local profit was up 12% and significant new business was won during the year, chairman John Houldsworth is quoted as saying in a media release announcing the results.

According to the release, highlights for the year include several acquisitions in Australia and opening new offices in Canberra and Perth, and the purchase of a site in Auckland for the construction of a new datacentre, due for completion next year.

During the year, several hundred new staff were hired, bringing total headcount to 3,000.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags Datacomhouldsworth

Show Comments