Dicker Data profit and revenue soars
Dicker Data has recorded a 54.3 per cent increase in profit before tax for continuing activities for the 2011 financial year ended June 30, 2011. Revenue was up 34.4 per cent on the same period last year.
Dicker Data has recorded a 54.3 per cent increase in profit before tax for continuing activities for the 2011 financial year ended June 30, 2011. Revenue was up 34.4 per cent on the same period last year.
PRODUCTS: Latest from Netgear, Seagate, TrackITOnline, Parallels and SolarWinds
Dicker Data has expanded on its Sony and notebook product range, announcing that it now carries Sony VAIO notebooks.
It was a beautiful day in Sydney and it heralded in a beautiful meal, some fine wine and a discussion that went to the heart of working in the channel in 2011. Not everybody agreed – but that is the way it should be. As John Walters said the people in this private room at est were all industry leaders and as such they could and should rock the boat.
VARCentral has launched an eCommerce platform to help IT resellers manage their online presence as well as give them a louder voice when dealing with distributors.
Dicker Data posts positive outcome for FY11
Getting the financial house in order and dissecting the recently announced Federal Budget is high on the list of priorities for the channel just over a month before the end of the 2010/11 financial year.
ASX-listed distributor, Dicker Data, has added security vendor, Kaspersky to its product portfolio.
The distribution market is following in the footsteps of other mature markets, expanding globally and making strategic overseas moves in a bid to stay competitive and enter into new and emerging markets.
Dicker Data records $48.9 million in March sales
ASX-listed distributor [[xref:http://www.arnnet.com.au/tag/Dicker Data|Dicker Data|All on Dicker Data]], (ASX:DDR), has appointed [[artnid:381194|Newport Capital|]] as corporate development advisors.
Australian IT organisations looking to expand into overseas markets might have a new avenue for financing, with Newport Capital planning to set up a $100 million fund.
Decreasing margins and ongoing concerns over economic conditions and currency fluctuations is forcing many distributors to re-evaluate business strategies in a bid to stay competitive.
Due to the soaring Australian dollar and what many consider to be continually steep vendor prices, some resellers are allegedly turning to grey importing goods, risking vendor/reseller agreements.
Using the ticker DDR, the distributor opens trading at $0.21 on the ASX
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