Datatec Group’s underlying EPS jumped 35% as enterprise AI and cybersecurity spending lifted earnings significantly.
Browsing: Jens Montanana
JSE-listed Datatec expects headline earnings per share to rise more than 50% for the year ended 28 February 2026.
Datatec’s 361% five-year total shareholder return puts it among the best-performing tech stocks on the JSE.
Datatec has more than doubled its interim dividend after reporting a 110% year-on-year jump in headline earnings per share.
AI workloads have fuelled demand for products that businesses in the Datatec group provide, boosting profitability.
The leaders of these companies have the responsibility to navigate tough economic conditions and a rapidly changing technological landscape while attempting to maximise value for shareholders.
Datatec CEO Jens Montanana believes there are still opportunities to unlock significant value for the group’s shareholders.
Datatec has cut its dividend after reporting a decline in profit for the 2024 financial year.
Roux Marnitz, Bill Venter, Alan Knott-Craig and Jens Montanana are in the spotlight in episode 2 of TCS Legends.
The second episode of TechCentral’s new video podcast series, TCS Legends, goes live on Monday. Here’s what’s coming.