Equity Analysis /

AU : Data#3 - Delivering the goods despite supply chain challenges

    Nick harris
    Nick harris

    Senior Analyst - Telecommunications

    14 July 2022
    Published byCGS-CIMB

    DTL has announced another record profit with FY22 PBT expected to be $44m (up 19% yoy). This is ahead of our estimate and a touch below consensus. In our view, considering all the supply chain challenges across the globe, this is a very good result. We upgrade our FY22 forecasts and retain our Add recommendation.