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Servoca Plc - Preliminary Audited Results for the Year Ended 30 September 2011

Servoca Plc - Preliminary Audited Results for the Year Ended 30 September 2011

Highlights

&middot Revenue &pound47.9 million (2010: &pound50.2 million)

&middot Gross profit &pound13.4 million (2010: 14.0 million)

&middot Administrative expenses down 4% to &pound11.5 million (2010: &pound11.9 million)

&middot Profit before taxation (excluding amortisation and share based payments) &pound1.8 million (2010: &pound2.0 million)

&middot Basic EPS of 1.41p before amortisation and share based payments (2010 2.15p)

&middot Net debt reduced from &pound3.0 million at September 2010 to &pound2.8 million at September 2011

&middot Outsourcing revenues up by 66% to &pound16.4 million from &pound9.9 million in 2010

The financial information set out in this announcement does not constitute statutory accounts for the years ended 30 September 2011 or 2010 but is derived from those accounts. Full details of the Annual Report and Financial Statements for the year ended 30 September 2011 can be found on the Company's website: www.Servoca.comin the section headed "Investor Relations" on the "Shareholder Documents" page.

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