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Dimension Data in deal with 'large multinational`

Johannesburg, 21 Jan 2002

Dimension has entered a global technology and procurement contract with a large multinational.

Investor relations spokesman Bronwyn Goeller says the group will announce details only later this week.

She says only that the contract is on a global basis over three years.

Dimension Data announced last week that its global training IT arm, Dimension Data Learning Solutions, had entered a global partnership with the Computing Technology Industry Association, CompTIA.

Dimension Data`s Asian subsidiary, Datacraft Asia, last week reported an interim operating profit of $6.5 million after tax and minorities, excluding goodwill amortisation and exceptional items, on revenue of $217.5 million.

Although the results were substantially down on the year-earlier period, they were in line with the company`s revised forecasts made last November.

The Dimension Data share was trading at R14.70 on the JSE this morning, 20c or 1.38% higher than Friday`s close. Friday`s closing price of R14.50 was 4.6% lower than the previous week`s close.

Related stories:
Datacraft Asia results in line with forecasts
Datacraft rumours put pressure on DiData share

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