Dicker Data’s Revenue Up 14.4%
Major distributor Dicker Data has posted a higher than expected revenue result for the financial year ended December 31. The figures show a 14.4 per cent increase in the distributor’s revenue to $1.49 billion for 2018.
In 2017, Dicker Data posted just over $1.3 billion, a 10.2 per cent increase compared to its tally the year prior, according to the distributor’s preliminary full-year financials, released on February 28.
The company expects profit before tax to be $46 million, a 15 per cent increase compared to the previous year, which also exceeded the company’s initial guidance of an eight per cent increase.
Dicker Data signed 12 new vendors in 2017, including BenQ, Symantec and Trend Micro, alongside Dell EMC, Hewlett Packard Enterprise and Seagate in New Zealand.