The financial performance of IT company Datacentrix remained flat during its previous financial reporting period, although the group's targeted growth areas showed encouraging signs. The company reported a marginal increase in earnings over the 6 months to end-August 2009, making R52.5-mn profit compared to R52.3-mn in the previous comparable period. Headline earnings per share remained the same at 26.8c. The company experienced good performance in its newly identified growth areas, the Managed Printing Services (MPS) and Outsourcing and Resourcing businesses. MPS won a number of deals in the period under review, including its involvement in the Fifa Confederations Cup. However, Datacentrix remained cautious on the future. "While there has been much talk of 'green shoots', the macroeconomic environment remains challenging and uncertain," the company said in its results statement on Tuesday. Datacentrix said it expects to maintain its market share in the present environment.
The company declared an interim dividend of 13.4 cents, consistent with its policy of two times cover on headline earnings per share.
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