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Datatec has announced a R7.1 billion ($434.5 million) special dividend following a refinancing deal with General Atlantic, with founder and CEO Jens Montanana set to pocket R1.3 billion.
Datatec posted gross invoiced income of $8.5 billion and headline earnings per share up 56.5% in FY2026, with CEO Jens Montanana describing it as one of the strongest years in the group's history.
Datatec expects full year gross profit to rise about 10% to $998 million after strong demand across its Westcon and Logicalis divisions in the second half.
Datatec founder Jens Montanana is pushing deeper into Europe, with Logicalis Germany snapping up Berlin-based network automation specialist NetworkedAssets.
Datatec says it has bought Slovenia based Real Security, giving Westcon Comstor a Balkans foothold as cybersecurity spending and channel demand grow.
JSE-listed Datatec lifted its interim dividend to R1.75 a share after headline earnings more than doubled, with Westcon and Logicalis driving margin gains and a swing to net cash.
Logicalis UK&I acquires Q Associates to bolster advisory and consultancy strengths, reinforcing Datatec’s push deeper into services-led growth.
Datatec’s revenue dropped nearly 9% to $3.64 billion in FY2025, while net profit rose 36% as the group focused on cost discipline and strategic growth.
The jump comes as investors continue to show strong interest in the company, reflecting growing optimism around Africa’s expanding digital landscape.
This $28.1 million gain demonstrates the rising institutional interest in JSE-listed technology companies with a global presence.
The move cements his position among the company’s top shareholders and reflects confidence in its future.
This solidifies his standing as one of South Africa’s top investors.
Datatec founder Jens Montanana sees $6 million boost, tech company's performance drives investor confidence.
This growth comes despite a 5.45-percent dip in revenue, which fell to $2.61 billion due to ongoing market challenges and currency fluctuations.
South African tech tycoon, Jens Montanana’s growing stake underscores his influence as a top investor in South Africa’s tech sector.
