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Q2 2020 Datatec Ltd Earnings Call Transcript
Good day, ladies and gentlemen, and welcome to Datatec Limited interim results conference call. (Operator Instructions)
Please note that this conference is being recorded.
I'll now turn the conference over to Mr. Jens Montanana. Please go ahead, sir.
Good morning, everyone. Today, we are reporting on our first half FY '20 results. The presentation follows our normal format but with an extra disclosure this time explaining the adoption of IFRS 16. I will start with an overview and the highlights, and Ivan will take us through detailed financial reporting. And then I will present the individual divisional results.
Then moving on to the strategic update and the first slide of all of today's financial results summary. We had modest revenue growth of 3% in U.S. dollar reporting, which would have been 8% in constant currency. Unfavorable exchange rate movements in South America, in particular, hurt us in translation terms. The main highlight was the continued
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