Servcorp to meet FY guidance

Company News

Servcorp Ltd (ASX:SRV) says it will meet its guidance of around $24 million net profit before tax for the year to 30 June.

Servcorp says global expansion is progressing well, with 16 floors opened since 1 July in 2009 and an additional 32 floor leases executed.

The company will release its final results of 26 August 2010. Servcorp reported a profit of $34 million for the year to 30 June 2009.