Dimension Data (DiData) said it would continue with its strategy to focus on its six core competencies next year after the integrator announced its first full-year profit in five years.
The network integration giant reported pre-tax profit of $51.79m, compared with a loss of $4.38m last year, with group turnover up 15.2 per cent to $2.72bn for the year ended 30 September.
Brett Dawson, chief executive of DiData, told CRN: “We were very pleased with the results. Our focus next year will be to continue to execute our strategy to drive our expertise in the market segments that are good growth areas for our clients.
“These growth areas are network integration, where 54 per cent of our business currently comes from; converged communications; security; call centres; Microsoft operating environments and data centre and storage,” he added.
In the UK total revenue grew 13.9 per cent, with managed services increasing 12.5 per cent, but product gross margins declined by 2.2 per cent.
Last month DiData announced it would look to consolidate its UK and continental European business regions (CRN, 10 October).
Alastair Edwards, senior analyst at Canalys, said: “They’re a pretty strong set of results. DiData is very well positioned for the convergence of voice and data and has moved to address this. They’re shifting towards a more services led model.”
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