Sales, Profit Up At Dicker Data
Technology products distributor Dicker Data has reported net profit of $12.5 million, up 24 percent, for the half year to June 30. Revenue was up 11.1 percent at $590 million.
CEO/chairman David Dicker said the company signed on 13 new vendors in the six months, contributing an increase of $24.4 million to revenue. Revenues from existing vendors grew 6.7 percent.
Overall hardware sales were up 12.3 percent, while software revenues grew 6.5 percent and Dicker’s services business was up 26 percent.