JSE-listed Datacentrix has warned that its results for the year to 29 February have taken a knock because of the strength of the rand.
The group says earnings and headline earnings per share will be materially - defined as 10% to 30% - below those of a year ago.
Pointing out that the issues were raised at the interim period, the company says in a notice to shareholders that while the level of business activity generally met the expectations management had at the start of the year, the rand has been the main culprit.
The figures are expected to be published around 5 April.
At the interim stage Datacentrix reported a small dip in earnings after five consecutive years of strong growth.
The rand was also the main factor in those results, with sales increasing in dollar terms.
Executive chairman Gary Morolo said at the time that the rand`s appreciation against the dollar cost the group at least 25% growth it would otherwise have shown on turnover.
The Datacentrix share price was unchanged at 225c early this morning, after losing 5c yesterday.
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