Thursday, 02 July 2020 11:58

Revenue, profits up for Dicker Data

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ASX-listed IT hardware, software and cloud distributor, Dicker Data has boosted its coffers, bringing in $1 billion in revenue for the six months to the end of June 2020 - an increase of 18.3% over the same period last year.

The company says June completed another record revenue month, with revenue for the month finalising at $224 million.

In addition, Dicker Data (ASX:DDR) estimates net profit before tax will finalise at approximately $40 million for H1 2020, up 25% on the first half 2019.

Dicker Data says its strong results solidify the company’s status as a “true Australian business success story”, and despite COVID-19 and supply chain constraints the company is celebrating “the highest revenue month in its 41 year history”. 

Dicker Data has announced its annual general meeting scheduled for Thursday 23 July will be a virtual-only meeting due to restrictions imposed by the Australian and State Governments as a result of the COVID-19 pandemic, and further details on the half year results will be delivered at the meeting.


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Peter Dinham

Peter Dinham - retired and is a "volunteer" writer for iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

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