Servcorp Limited (AU:SRV) has released an update.
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Servcorp Limited reported a substantial increase in its financial performance for the fiscal year 2024, with an 18% rise in both net profit before tax and underlying free cash, surpassing market expectations. Revenue grew by 7%, and shareholders were rewarded with a final dividend of 13 cents per share, resulting in a total annual dividend increase of 14%. The company also highlighted its strong IT infrastructure and the completion of a strategic reorganization in the Middle East, anticipating a potential listing in 2025.
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