Servcorp Limited (ASX:SRV) Reports Strong H1 2025 Financial Results
Financial Performance
Servcorp Limited reported a 7% increase in revenue to $168.1 million for the six months ended 31 December 2024. Profit after tax attributable to members rose by 76% to $34.6 million.
Dividend Announcement
The company declared an interim dividend of 14.0 cents per share, up from 12.0 cents in the previous period. The dividend is 90% conduit foreign income, with a record date on 5 March 2025 and payment on 2 April 2025.
Operational Highlights
Servcorp expanded its global footprint by launching four new locations, reaching a total of 135 floors in 41 cities across 20 countries. Net capacity increased by 145 offices to 5,471, with a forecast to grow by 246 offices to 5,717.
Future Outlook
The company reaffirmed its FY25 guidance, expecting underlying NPBIT between $61.0 million and $65.0 million, and underlying free cash of more than $75.0 million.
Motley Fool contributor Lianne Eastty has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Servcorp. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
This article was generated using GPT-4o mini, a Large Language Model (LLM), to generate summaries of investing news. While AI is generating the content, we know better than to blindly trust our future robot overlords, and every article is edited and fact-checked by an editor holding the appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content of everything published by The Capital Club.