SERVCORP has announced a record net profit after tax of $33.83 million for the 12 months ended June 30, an increase of 29% on 2007.
Revenue for the year grew 14% to $190.14 million and as a result, earnings per share rose 28% to 42.0 cents.
The company has declared a final dividend of 7.5 cents, up 7%.
Servcorp has forecast net profit before tax will grow approximately 5% subject to market and economic conditions being stable.
FY09 normal dividend is expected to be 15 cents per share fully franked, divided equally between the first and second half.
Directors anticipate a fully franked special dividend of 5 cents per share will be paid in December 2008, bringing total fully franked dividends for the year to 20 cents per share.
Australian Property Journal
