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By | Kelly Fiveash 14th February 2008 09:52

Dimension Data to fill its H1 boots

'Favourable' outlook

Dimension Data has declared it is on course to deliver healthy first half results, despite seeing slightly slower growth than last year.

The IT services firm said in an interim management statement (pdf) today that the outlook for the group for the six months ended 31 March remained "favourable".

The South Africa-headquartered company said the credit crunch had not dented its outlook.

It said: "We continue to experience solid demand, with growth rates, as anticipated at the time of our annual results, somewhat slower than those achieved last year.

"Our managed service offerings, broad client base and exposure to diverse geographic markets underpin our confidence in a healthy first half performance."

Dimension Data shares are currently trading at 54.5 pence on the London Stock Exchange – up more than two per cent on the previous close. The firm will release its first half results on 14 May. ®

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