• Underlying NPBIT up 19% to $34.4m
• Underlying Operating Revenue up 7% to $158.8m
• Underlying EPS up 21% to 31.5 cents per share

Servcorp delivered a strong performance in the first half of FY25, achieving solid financial and operational results despite persistent global economic uncertainties and intense industry competition. The company's strategic initiatives implemented in recent years continued to drive strong business performance, with 1H25 delivering record results across multiple key performance indicators. Revenue increased by $10.4m, a 7% rise, driven by improved revenue efficiency and higher service conversion across most regions. Servcorp's commitment to premium service, tailored workspace solutions, and a prestigious client experience contributed to higher client retention, enhanced business efficiency, and lower business development costs. Underlying NPBIT for 1H25 reached a record level of $34.4m, a 19% increase from 1H24. Servcorp continues to invest in developing and upgrading its infrastructure to ensure premium experiences and secure, reliable IT solutions for clients. A strong balance sheet and substantial cash reserves provide the flexibility for strategic organic expansion, with growth initiatives pursued where management depth supports execution. With a disciplined approach and a clear strategic direction, Servcorp further strengthened its global footprint in 1H25, reinforcing its market leadership while laying the foundation for long-term sustainable growth.

Servcorp reaffirms its guidance for FY25, with underlying NPBIT between $61.0m and $65.0m, and associated underlying free cash of more than $75.0m.

While macroeconomic uncertainties and competitive pressures persist, Servcorp's focus remains on driving sustainable growth through revenue efficiency and enhanced service conversion. The company's strong balance sheet provides the flexibility to pursue strategic and organic expansion in high-potential markets, ensuring long-term value creation.