News blog
Servoca
- BY: Andrew Hore |
- POSTED: 30/10/2013 |
A strong end to the financial year means that outsourcing and recruitment company Servoca will report much better than expected figures for the year to September 2013.
House broker finnCap had forecast a recovery in profit from £200,000 to £500,000, which assumed second half profit would be higher than the first’s, and it appears that this recovery will be much stronger. Profit will still be well below the £1.8m reported for 2010-11.
Education recruitment had a strong September.
The share price has risen 1.88p to 6.5p, which values Servoca at £8.16m. The share price has nearly doubled since the interims were published.
The full year figures will be published in January.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFOctober2013_49.pdf
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