Datatec has warned shareholders to expect substantially lower earnings when it reports its interim financial results around 3 November 2022.
Datatec warned that its earnings per share would be between $0.045 and $0.055. This is down from $0.063 in the first half of its previous financial year — a 12.7% to 28.6% decline.Its underlying earnings per share should see an even sharper decline of between 51.8% and 63.9%. Datatec also noted that Analysys Mason’s results are still included in its interim results, as the sale of its management consultancy only closed after August — when the first half of its financial year ends.
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