Menu
Dicker Data files most successful financial year in company’s history

Dicker Data files most successful financial year in company’s history

Exceeds $1 billion in sales and $31.6 million in net profit

Australian distributor, Dicker Data (ASX:DDR), has experienced its most successful financial year (2015) in the company’s 37-year history.

In FY 2015, the distributor exceeded $1 billion in sales and made $31.6 million in operating profit before tax.

Net profit after tax increased to $20.4 million. EBITDA was $42.6 million and revenue was up 15 per cent to $1.0776 billion for the full 2015 financial year ending December 31.

In his letter to shareholders, CEO and chairman, David Dicker, said it was a very satisfying outcome. In February, Dicker changed its financial year-end from June 30 to December 31.

“We set a goal in 2015 of over $30 million and initially projected $30.9 million,” he said. “We were able to comfortably exceed that. The integration of Express Data was completed in 2015 and the resulting company has performed exceptionally.”

Dicker recently purchased an additional 17 hectare site next door to his current Kurnell facility that measures 15,000 sqm. The new site will make way for a new 68,000 sqm facility.

“We have come close to outgrowing our current site much more quickly than I anticipated. A good sign for long term growth,” he said. "Our focus this year is to execute well and continue to refine and streamline our processes."

About 11 new vendors were brought on-board during 2015, adding an incremental $16.9 million in revenue.

At a country level, Australia grew 15 per cent ($116 million) and New Zealand grew 20 per cent ($21 million). At a sector level, hardware grew 13 per cent ($99 million); software grew 22 per cent ($38 million) and services increased 81 per cent ($2 million).

Following its acquisition of Express Data in 2014, staff numbers rose to 460, but this decreased to 367 across A/NZ associated with a duplication of functions. In 2015, the distributor continued to invest in new headcount for targeted growth areas of the business.

Dicker said it was always looking for acquisition possibilities, but there's nothing specific at this stage.

This year, the distributor said it would be placing a particular focus on emerging technologies such hyper-convergence infrastructures, software defined storage and IoT.

It will also continue to invest in its Cloud strategy that involves bringing on new vendors, and investing in internal resources and structures to offer top Cloud enablement programs to partners.

Read more: Lenovo and DataCore bring software defined storage to A/NZ

“We have identified an opportunity to expand our customer base beyond traditional IT by investing in vendors that cross over the IT, security, surveillance, electrical and audio digital markets, and we see an opportunity to integrate into this parallel market,” Dicker said.

.


Follow Us

Join the New Zealand Reseller News newsletter!

Error: Please check your email address.

Tags Dicker DataDavid Dicker

Slideshows

Top 50 defining moments of the New Zealand channel in 2016

Top 50 defining moments of the New Zealand channel in 2016

Reseller News looks back on a tumultuous 12 months for the New Zealand channel, assessing the fallout from a year of sizeable industry change. Whether it be local or global mergers and acquisitions, distribution deals or job changes, the channel that started the year differs somewhat to the one set to finish it - Reseller News assesses the key moments that made 2016.​

Top 50 defining moments of the New Zealand channel in 2016
​Hewlett Packard Enterprise honours high achieving NZ channel

​Hewlett Packard Enterprise honours high achieving NZ channel

Hewlett Packard Enterprise honoured its top performing Kiwi partners at the second running of its HPE Partner Awards in New Zealand, held at a glitzy ceremony in Auckland. Recognising excellence across eight categories - from distributors to resellers - the tech giant celebrated its first year as a standalone company, following its official split from HP in 2015.

​Hewlett Packard Enterprise honours high achieving NZ channel
Nutanix treats channel partners to Christmas cruise

Nutanix treats channel partners to Christmas cruise

Nutanix recently took to the seas for a Christmas Cruise around Sydney Harbour with its Australia and New Zealand staff, customers and partners to celebrate a stellar year for the vendor. With the sun out, they were all smiles and mingled over drinks and food.

Nutanix treats channel partners to Christmas cruise
Show Comments