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Servcorp Limited (ASX:SRV)

ALERT: Price-sensitive ASX Announcement for SRV
Current share price for SRV : $6.230 0.92 (17.33%)+
Announcement
Release
19 Feb 2025 10:00AM
Price at Release
$5.310
Full Release
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Summary
Servcorp Limited announced its record results for the first half of the 2025 financial year, reporting an underlying profit before tax of $34.4 million, a 19% increase from the previous year. The underlying free cash flow rose by 13% to $40.5 million, with an underlying operating revenue of $158.8 million, marking a 7% increase. The company declared an interim dividend of 14 cents per share, and forecasts for the full year indicate underlying profits between $61 million and $65 million.
Key Points
  • Underlying profit before tax increased by 19% to $34.4 million
  • Underlying free cash flow rose by 13% to $40.5 million
  • Underlying operating revenue reached $158.8 million, up 7%
  • Interim dividend declared at 14 cents per share
  • Forecasts for full year profit between $61 million and $65 million
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.