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Education & healthcare businesses drive Servoca profit

Commenting on the results, CEO, Andy Church, said, "We are pleased to report that for the year ended 30 September 2015 we have delivered another year of outstanding growth with revenue, gross profit and pre-tax profits achieving record levels.

"As indicated in our interim statement for the six months ended 31 March 2015, our Education and Healthcare Recruitment businesses have been the driving force behind this growth with substantial increases in their profitability and scale over the prior year.

"Our Education businesses delivered a strong performance in the September period, with gross profit up over 20% on the comparative period. Our Healthcare recruitment operations went from strength to strength over the course of the year. The strong growth achieved in the first half accelerated during the second half and helped drive a 70% increase in revenues for the year.

"The Group is well placed to deliver further growth, both organically and by selective bolt on acquisitions."

 

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