Market Announcement - Half Year Results

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Stock Servcorp Ltd (SRV.ASX)
Release Time 18 Feb 2026, 9:51 a.m.
Price Sensitive Yes
 Servcorp Reports Record First Half Results
Key Points
  • Underlying profit up 34% to $47.0 million
  • Underlying free cash up 30% to $52.7 million
  • Interim dividend of 16.0 cents per share, 10% franked
Full Summary

Servcorp Limited, the world's leading provider of workspace solutions and superior IT and business infrastructure solutions, today announced a net profit before non-cash impairments and tax (NPBIT) of $47.0 million for the 6 months ended 31 December 2025. This represents a 34% increase compared to the first half of the previous financial year. The company also reported a 29% increase in underlying operating profit to $43.2 million and a 30% increase in underlying free cash to $52.7 million. Underlying operating revenue grew by 11% to $182.0 million. Statutory net profit before tax increased by 18% to $45.1 million, while statutory net profit after tax rose by 13% to $39.2 million. The company's cash and investment balances currently exceed $150.0 million. The Directors have declared an interim dividend of 16.0 cents per share, 10% franked, payable on 1 April 2026. Dividends for the 2026 financial year are expected to be no less than 32.0 cents per share, with franking uncertain. Servcorp's CEO, Mr Alf Moufarrige, and CFO, Mr David Hunt, will host a results presentation on Wednesday, 18 February 2026 at 4:30pm in Sydney.

Guidance

Servcorp's guidance for the 2026 financial year is for underlying NPBIT between $80.0 million and $84.0 million, with associated underlying free cash of more than $100.0 million.

Outlook

Servcorp delivered continued operating momentum in the first half of the 2026 financial year, and this momentum is expected to continue into the second half. The benchmark the company has reached is considered sustainable, and Servcorp will continue to grow conservatively. However, the company remains mindful of ongoing economic uncertainty and currency movements across key markets.