Dimension Data say cheers on a high note – Dimension Data delist

After being listed on the JSE for the past 23 years, today marked the final day of trading of Dimension Data shares.  However, Didata exited on a high note with it reporting strong full year results for 2010.

The Dimension Data group, which is being acquired by Japan’s Nippon Telegraph and Telephone (NTT) Corp, reported a 9,9% increase in sales in constant currency terms in the 2010 financial year to September. The company reported revenue growth of 19,4% to US$4,74bn, due in part to currency gains.

In the financial year, Didata recorded an 8,2% increase in operating profits, bringing it to $237,8m, with operating margins having reached 5%, from 4,9% the previous year.

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