Revenue increased by 35.1% to R5.8 billion (R4.3 billion) whilst gross profit rose to R1.8 billion (1.3 billion). Operating profit jumped to R275.0 million (R157.7 million). Profit attributable to equity holders shot up to R149.3 million (R92.6 million). In addition, headline earnings per share more than doubled to 39.0 cents per share (17.3 cents per share).
The final dividend rose by 42.39% to 20.0 cents per share from 14.0 cents per share in the previous financial year.
BCX is benefiting from being a larger and more diversified enterprise with an expanded customer base. Cross selling opportunities and synergies should contribute positively to future results.
With its growing African footprint, broad client base, reputation and proven abilities, BCX is poised to meet the challenges posed by the rapid changes and consolidation in the ICT industry and take full advantage of its market position.
Notice of the annual general meeting
Shareholders were advised that the annual general meeting will be held at the Fundi Auditorium, Business Connexion Park North, 789 Sixteenth Road, Randjespark, Midrand at 11:00 on Monday, 14 January 2013.