Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Servcorp Provides Full Year Results

23 Aug 2017  |  10:29:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Full Year Results - Market Announcement

Servcorp announced a net profit after tax of $40.7m for the 12 months ended 30 June 2017. Revenue up 0.3% to $329.6m; up 2.7% in constant currency terms. Several regions performed ahead of forecast, however the Consolidated Entity's overall performance for the year was impacted by underperformance in New York City. Unencumbered cash of $107.9m positions the Company to take advantage of opportunities should they arise, particularly in turbulent markets. The Directors of the Company have declared a final dividend of 13.00 cps, with a record date of 6 September 2017 and payable on 5 October 2017. The dividend will be 50% franked. There is no foreign conduit income attributed to the dividend.

Please click here for full details

See more ASX300 News Announcements