Skilled Group profit dips 2%

Company News


Skilled Group Limited (ASX:SKE) has reported a 2 per cent dip in net profit for the 2015 financial year. 
 
After-tax earnings came in at $54.2 million for the year, down from $55.3 million in 2014. Revenue was up by just over 9 per cent. 
 
Earlier this week, Skilled Group said it would book a $60 million impairment charge in relation to its merger with Programmed Maintenance Services. 
 
The company says it has completed a strategic review of its operation however any opportunities identified would not be implemented until PMS acquisition was complete. 
 
The company is still working to progress the proposed transaction. The board has declared a final dividend of 9.5 cents per share fully franked. 

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