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Dicker Ticker Gets 10pc Flicker

Dicker Ticker Gets 10pc Flicker

ASX-listed technology products distributor Dicker Data has reported a 10 percent rise in group revenue to $1.18 billion for the year to December 2016.

Gross profit was put at $109.5 million, up six percent.

The company noted once again that, with a view to future expansion, it had purchased a 17.2 hectare parcel of land adjacent to its current warehouse facility in Kurnell NSW for $18.4 million.

“The company remains well placed for FY17 to achieve both revenue and profit growth. We are forecasting revenue growth at just under 10pc which is expected to be as a result of organic growth and full ¬†year contribution from 2016 vendor additions, plus partial contribution of new vendor alignments,” according to a company statement.

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