Datatec, an international ICT firm, on Thursday said the group had posted an improved performance in the last quarter of 2014.

The group said an economic recovery was underway in the USA but elsewhere in Europe and Emerging Markets, economic conditions remained mixed and capital and currency market volatility had increased.

Westcon, its wholly-owned subsidiary, had continued with its strong recovery, particularly in North America, with significant year-on- year growth in revenues.

Logicalis, another wholly-owned subsidiary, is, as anticipated, experiencing an increase in revenues relative to the first half of the current financial year.

Datatec had increased its shareholding in Logicalis’ Latin American subsidiary Promon-Logicalis Latin America (PLLAL) from 60 percent to 65 percent. Jens Montanana, the Datatec CEO, said the last few months had been strong across all divisions with North and South America in particular delivering robust performances. “The Westcon turnaround of the first half has continued up to December and its ERP roll-out is now well on track,” Montanana said. “Logicalis’ trading has improved in the second half as expected,” he added.

Based on current trading prospects and market conditions, the board expects the group to achieve the forecast result for the 2015 financial year.

This forecast is based on the assumption that revenue growth will be largely driven by an improved performance at Westcon, among other things.