FINANCIALS: education and nursing boost Servoca’s profits
Wed, 4 Jun 2014
Pre-tax profits at Servoca, the provider of specialist recruitment solutions to the education, healthcare and criminal justice sectors, more than doubled to £340k from £150k, for the six months ended 31 March 2014.
During this period revenues reached £22.4m, an increase of 4.3% from £21.5m a year earlier. This resulted in a gross profit of £6.3m, an increase of 8.5% on the previous year.
Servoca chief executive officer Andy Church said the rise in pre-tax profit was largely due to its recruitment operations across the education and nursing business, which are “performing well and carry good momentum into the second half of the year”.