Datatec is firing on all cylinders

JSE-listed ICT group Datatec has reported a sharp jump in earnings for its 2026 financial year, with headline earnings per share expected to rise 51-59% to between 38.5 and 40.5 US cents. The strong performance was driven by its Westcon International cybersecurity and networking distribution business and Logicalis International IT solutions arm. Datatec's share price rose 1.5% on the news, with shares up nearly 25% over the past year, giving the group a market valuation of R17.2-billion. Full 2026 financial results are expected on 26 May 2026.