The Channel logo

News

By | Paul Kunert 7th December 2012 10:55

Datel: Reseller growing faster than its vendor master Sage

Gobbles record orders, belches, loosens waistcoat

Datel, Sage's largest channel partner in the UK, clearly isn't suffering similar growing pains to its vendor master after posting double digit growth for fiscal 2012.

Sales saw an 18 per cent spike to £16.8m in the twelve months to 31 May and EBITDA rose 47 per cent to £1.67m. Pre-tax profits reached £1.14m from £588,000 a year earlier.

In a director's statement, Datel said turnover was lifted by ERP X3 business and "record levels of orders" from the installed customer base.

"These factors led to significant increases in sales of software licenses, and of consultancy, development and support services," said the firm in a statement.

The company said it exited the year with £1.2m in the bank, nearly three times the cash pile it crouched atop in the same period a year earlier. ®

alert Send corrections

Opinion

Neil McAllister

Claims that cloud will drive Oracle's future growth ring hollow
Pure Storage array

Neil McAllister

How the cloud taught Redmond to play by a new set of rules

Features

Pebble Steel
Meet the man who accidentally created the smartwatch hype
No, silly... he was the fall guy for years of Finnish folly
Fraud image