Servoca well placed to deliver against FY expectations
Source - SMW
Servoca posted a marginally lower H1 pretax profit of £1.26m, from a profit of £1.28m previously. On an underlying basis, its pretax profit was up to £1.71m, from £1.33m. It was well placed to deliver against FY expectations.
This was achieved on revenue of £40.9m, from £34.4m.
"As indicated in our recent trading update, we are pleased to report that results for the first half are significantly ahead of the same period last year," the company said.
"The group continues to achieve substantial growth and our performance is benefitting from our diversified business mix.
"The group operates in six distinct markets and revenues in each one were ahead of the corresponding period last year. Performance in the first half leaves the Group well placed to deliver against full-year expectations."