Highlights

  • Dicker Data agreed to acquire Sektor Group for NZ$138.0 million, about A$111.8 million, on a cash-free, debt-free basis.
  • Sektor generated gross Revenue of NZ$440 million and normalised EBITDA of NZ$22.7 million in the year to August 2026.
  • H1 FY26 net profit after tax rose 54.1% to A$60.7 million as gross revenue passed A$2.1 billion.
  • The company guides FY26 gross revenue of A$4.3 billion to A$4.4 billion and profit before tax of A$162–165 million.

Dicker Data Limited (ASX:DDR) is extending its distribution footprint into South-East Asia through a binding agreement, announced on 6 October 2026, to acquire Sektor Group for NZ$138.0 million. The deal follows a first half in which the technology distributor lifted net profit after tax by more than half and issued updated guidance for the year to 31 December 2026.

Sektor Adds Point-of-Sale, Security and an Asian Foothold

Sektor is an Asia-Pacific distributor of point-of-sale and enterprise mobility technology, cybersecurity, physical security and specialised infrastructure solutions. It operates in Australia, New Zealand, Thailand and Malaysia and employs about 230 people, around 60 of them in Thailand and Malaysia. In the 12 months to 31 August 2026, it generated gross revenue of NZ$440 million and unaudited normalised pre-AASB 16 EBITDA of NZ$22.7 million.

The consideration of NZ$138.0 million, about A$111.8 million at the 5 October spot rate, is on a cash-free, debt-free basis with normalised working capital, and will be funded through an extension of existing Debt facilities. Dicker Data targets annualised post-integration pre-AASB 16 EBITDA from Sektor of about NZ$28 million to NZ$32 million, before one-off costs.

Management describes the deal as a logical extension of its growth strategy. It gives the group physical facilities and a local team in Thailand and Malaysia, opens the adjacent point-of-sale and automatic identification and data capture category, and creates cross-selling scope between Sektor's resellers and Dicker Data's network of more than 12,000 partners across Australia and New Zealand.

Software and AI Lift First-Half Profit

In H1 FY26, the six months to 30 June 2026, gross revenue, a non-IFRS measure, rose 14.2% to A$2.10 billion, while statutory revenue climbed 13.5% to A$1.41 billion. Gross Profit increased 23.0% to A$205.6 million as gross Margin widened 70 basis points to 9.8%. EBITDA rose 37.3% to A$103.5 million and net profit after tax jumped 54.1% to A$60.7 million.

Australia drove the result, with gross revenue up 18.3% to A$1.83 billion and operating profit before tax up 55.9% to A$82.5 million. New Zealand gross revenue fell 7.6% to A$269.4 million amid softer conditions and adverse currency translation. Software remained the largest category, with recurring gross software sales up 20.7% to A$600.0 million.

Guidance and the Completion Timetable

For the year to 31 December 2026, Dicker Data guides gross revenue of A$4.3 billion to A$4.4 billion, up about 11% to 14%, and profit before tax of A$162 million to A$165 million. Management expects favourable conditions through the second half, with data centre, software and AI projects supporting growth while end-point growth moderates.

The Sektor Acquisition was expected to complete by the end of October 2026, subject to standard conditions and regulatory approvals, contributing two months to FY26. Excluding one-off transaction and integration costs, it is expected to be Earnings accretive in FY26.

Shares were priced at A$14.475 on 2 November 2026, down 4.14% on the day, with a Market Capitalisation of A$2.63 billion and a 12-month gain of 41.22%.