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Servoca Plc

Servoca Plc Interim results – Strong growth seen

Finncap this morning commented on Servoca Plc (LON:SVCA) interim Results:

Interim results showed considerable progress versus the prior interims across its recruitment business, resulting in improved margins and a decent reduction in debt. The results were accompanied by an upbeat outlook, with management confident of achieving FY market expectations. The shares have reduced from December peaks and therefore offer good value, with growth continuing as trading remains on track to achieve our expectations.

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.