Mission possible
An impressive set of full-year financial results from Dimension Data indicates that the group`s strategy is paying off.
03 January 2008
Dimension Data, emerging from a few shaky years, looks set to achieve its targeted five percent operating margin over the next three to five years. CEO Brett Dawson says the group will continue with its strategy to focus on the converged network, the converged client and multi-sourcing, which Dimension Data announced to the market last year, as current IT market trends are still playing in the group`s favour.
The latest full-year operating margin, at 3.3 percent, is already a vast improvement on last year`s 2.6 percent, itself a recovery from previous years in which the group reported negligible (and even negative) margins.
Growth consultancy Frost & Sullivan comments that Dimension Data`s identification of converged services and communications as a key growth area has driven performance. “Dimension Data`s positioning and strong investment in this market is likely to continue to give the company a leadership advantage,” says Frost & Sullivan ICT analyst Letticia Nkumbula.
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