Programmed Maintenance Services Limited
(ASX:PRG) has seen its profit slip over the year to the end of March.
The staffing, maintenance and project services provider’s net profit fell almost 16 per cent to $25.7 million while revenue stayed steady at $1.4 billion.
The results come just days after staffing services company Skilled Group Limited
(ASX:SKE) said it was reconsidering a possible merger with Programmed.
Managing Director Chris Sutherland says Programmed is looking forward to progressing talks and believes the rationale for combining the businesses is strong.
A fully franked final dividend of 11.5 cents per share has been declared, taking the annual payout to 18 cents per share.
