Dimension Data posted increased revenues for the three months to 31 December 2008.

During the period, the first quarter of 2009, group revenues grew at about 13% in constant currency compared to the first quarter of 2008, underpinned by good growth in services.
The Americas region experienced weak perfomance, with revenues declining in the US. Revenues in all other regions increased in constant currency terms over the prior period.
Gross margins were stable and operating profit improved in constant currency over the prior period.
The group heightened its focus on containing discretionary costs and reduced its cost base in specific areas, most significantly in the US.
In a statement today, Dimension Data comments: "The good first quarter performance, combined with constant currency growth in order rates (albeit at a lower rate than revenues), give us confidence that Dimension Data will deliver constant currency revenue growth in the first half of the 2009 financial year.
"The macroeconomic environment remains challenging and has resulted in reduced visibility of future trading.  We expect demand conditions to remain constrained in the short term and the group is accordingly proactively managing its cost base to ensure profitability is protected.
"Nevertheless, we believe Dimension Data remains well positioned, due to our service and solution offerings, strong supplier relationships and high quality client base, to strengthen our market position in challenging times.
"An ungeared balance sheet, diversified geographic exposure and recurring revenue base are additional assets which position us well to weather a potentially tougher trading environment."