Kiwi IT provider adds millions of dollars of Aussie sales

Datacom added $70 million of sales and $12 million of profit, continuing on a roll that has seen 10 years of continued growth.

The New Zealand-based IT services provider posted revenues of NZ$870 million (A$765 million) for the year ending 31 March 2013, a rise of 10 percent over last year's NZ$788 million.

Net profit after tax was NZ$36 million, a rise of up 43 percent over the NZ$25 million generated in 2012.

Datacom is particularly strong in the public sector in New Zealand and is also growing that business in Australia.

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Craig Boyce, chairman of Datacom Group, said: "We are pleased to report another strong overall performance for Datacom.

"At March 2013, the group continued to show solid compound annual growth rates over 10 years with a 14% rate for revenue, this is a match on the previous year and a 9% rate for profit."

The company, which has been active in Australia for two decades, continues to expand its operations here, including the recent acquisition of failed WA reseller XciteLogic and last year's takeover of Melbourne-based SAP business Enterprise Support Asia Pacific.

Of its 4,334 headcount, some 1,082 Datacom staff are based in Australia. Datacom's Australian chief executive, Peter Wilson, has previously told CRN it has plans to double the number of employees next three to five years.