Westcon International returns to profitability
Datatec has flagged a resurgence within its global technology distribution business, touting a return to profitability for the company under which the Westcon-Comstor brand operates.
Datatec has flagged a resurgence within its global technology distribution business, touting a return to profitability for the company under which the Westcon-Comstor brand operates.
Westcon International’s financial performance over the past year has taken a toll on parent company Datatec’s bottom line for its financial year ending February 2018.
Datatec is set to reshape its Weston-Comstor subsidiary through a combination of cost-reduction and business efficiency measures.
Disruption caused by an SAP implementation, along with rising finance charges and tax rates have hit Westcon-Comstor’s results for the financial year ending February.
Arrow and Synnex emerge as likely candidates as distribution prepares for next round of consolidation.