Datacentrix's earnings for the year ended 28 February are expected to be significantly higher than those of its previous full-year results.
In a trading update to shareholders this morning, the company said it expects headline earnings per share (HEPS) to be between 35% and 45% higher than last year. Earnings per share (EPS) are expected to be between 50% and 60% higher.
Last year, Datacentrix delivered basic EPS of 25.5c and HEPS of 28.7c.
In its interim results, released in October, Datacentrix beat expectations with a 47% increase in revenue, to R604 million. Its HEPS and EPS increased 91% and 166% to 14.5c and 14.1c, respectively.
The first trade this morning saw Datacentrix's share price jump 11%, to R4.40, off a volume of 10 000 shares. The company's full year results are expected to be published on 17 April.
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