Datacentrix Holdings increased its headline earnings by 29.5% from 11.5c a share to 14.9c a share in the six months to 31 August.
Revenue rose to R450.47 million from R397.42 million in the previous comparable period, while earnings before depreciation, amortisation and interest increased from R30.18 million to R43.17 million.
Pre-tax income of R37.23 million compares with a previous R27.56 million, while attributable earnings rose from R17.99 million to R24.81 million.
Executive chairman Gary Morolo says the performance may be indicative of the beginning of an IT market turnaround.
"The industry has been anticipating the start of a refreshment cycle, with many businesses having to replace equipment purchased four to five years ago. The decrease in the price of technology in real terms should also have a positive effect on this sector."
CEO Gerhard Uys says the 13% increase in revenue may look modest, but unit sales (stripping out services) in fact rose by 34% in dollar terms, from $46.57 million to $62.47 million.
"The group`s strategic focus remains unchanged, with expected growth areas encompassing ERP (enterprise resource planning), selective outsourcing in both the desktop and the server environment, output management and infrastructure refresh projects," Morolo says.
"The directors are very optimistic about the company`s prospects for the full year and beyond."
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