An exceptional performance
The year ended 29 February 2024 (FY24) saw Westcon-Comstor maintain its growth trajectory with another excellent set of results, advancing our vision of being the leading data-driven technology provider and specialist distributor of cybersecurity and networking solutions and services globally.
Highlights
Continued growth despite macroeconomic pressures
Revenues up nearly 8% - our sixth consecutive year of revenue growth
Strong performance in cybersecurity
Software sales driving growth as shift to recurring-revenue model accelerates
Double-digit growth in gross profit across all regions
AWS Marketplace programme and acquisition of Rebura strengthen position in the market
Launch of Partner Insights tool as part of data-driven approach
Year-on-year growth
*Adjusted EBITDA excludes restructuring costs, share-based payments and one-off tax items impacting EBITDA
"It has been another year of excellent growth and operational success. With our data-driven approach at the fore, coupled with our commitment to Partner Success and environmental and social responsibility, our robust performance throughout the year highlights our ability to deliver value and service excellence. We are optimistic that the coming year will be another year of growth for the company."
David Grant CEO, Westcon-Comstor