Australia's Dicker Data set for best day in 12 weeks on strong results

Dicker Data

26/10/2021 02:24

** Shares of Dicker Data Ltd  DDR.AX  rise as much as 11% to
A$14.65, on track for its best session since Aug. 2
    ** The computer parts distributor posts 9-months profit
before tax of A$76.6 mln ($57.17 mln), up 26% from a year
earlier  urn:newsml:reuters.com:*:nASX37JjT3
    ** Adds total revenue for 9-months rose 16.1% from a year
ago to A$1.72 bln
    ** DDR stock set for third straight session of gains
    ** Stock hits its highest since Sept. 16
    ** Stock up 26.3% this year as of last close
    
  


($1 = 1.3398 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))