Trading Statement for the Year Ended 28 February 2026
Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Codes: JSE: DTC
OTCQX: DTTLF
("Datatec" or "the Company" or "the Group")
TRADING STATEMENT FOR THE YEAR ENDED 28 FEBRUARY 2026
Datatec, the international Information and Communications Technology (ICT) company, is
publishing a trading statement for the financial year ended 28 February 2026 ("FY26"). The
comparative year ended 28 February 2025 is referred to as FY25 in this announcement.
As announced on 31 March 2026, Westcon International continued to deliver a very strong
financial performance during the second half of FY26, whilst Logicalis International delivered
an exceptional performance. Logicalis Latin America had a slight improvement in gross profit
and its overall financial performance continued to improve compared to FY25.
As communicated to shareholders on 7 October 2025 in its trading statement for the six months
ended 31 August 2025 and in its Interim Results announcement published on 30 October 2025,
the Board continued to monitor and assess peer reporting and best practice in defining its
underlying* earnings. To more closely align underlying* earnings with the Group's other
adjusted earnings metrics (Adjusted EBITDA**) and in line with peer reporting, the Group had
decided to present underlying* earnings excluding share-based payments. The change has
been applied from the FY26 financial year onwards. The comparative figure for underlying*
earnings per share (which is a non-IFRS earnings measure) for FY25 has been recalculated
in accordance with the revised definition set out below.
In terms of paragraph 6.26 of the JSE Limited Listings Requirements, companies are required
to publish a trading statement as soon as they are satisfied that a reasonable degree of
certainty exists that the financial results for the period to be reported on next will differ by at
least 20% from the previous corresponding reporting period.
The preparation of the FY26 results has reached the stage where the Group has such a
reasonable degree of certainty and advises shareholders as follows:
• Underlying* earnings per share is expected to be between 47.0 and 49.0 US cents (FY25
recalculated 35.7 US cents), being 11.3 to 13.3 US cents (31.7% to 37.3%) higher than
FY25;
• Headline earnings per share is expected to be between 38.5 and 40.5 US cents (FY25:
25.5 US cents), being 13.0 to 15.0 US cents (51.0% to 58.8%) higher than FY25;
• Earnings per share is expected to be between 38.0 and 40.0 US cents (FY25: 25.7 US
cents), being 12.3 to 14.3 US cents (47.9% to 55.6%) higher than FY25.
The financial information on which this trading statement is based has not been reviewed nor
reported on by the Group's external auditors.
The Company intends to release its FY26 results on SENS on or about 26 May 2026.
* underlying earnings per share excludes: impairment of goodwill and intangible assets, profit
or loss on sale of investments and assets, amortisation of acquired intangible assets,
acquisition-related adjustments, fair value movements on acquisition-related financial
instruments, fundamental restructuring costs, share-based payment charges, one-off tax items
impacting EBITDA, acquisition, integration and corporate action costs, and the taxation effect
and non-controlling interests on all of the aforementioned.
** Adjusted EBITDA excludes: restructuring costs, share-based payment charges, one-off tax
items impacting EBITDA and acquisition, integration and corporate actions costs.
Johannesburg
7 May 2026
Sponsor
Pallidus Exchange Services Proprietary Limited
Date: 07-05-2026 08:00:00
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