Half Year 2021 Servcorp Ltd Earnings Call Transcript
Yes. Right. So can we just flip, Jason, next slide, next slide, next slide. So first half performance, pretty good, I think, given the context of the pandemic we're in. Underlying free cash, down 14%, $30 million, which, again, pretty strong given the environment. Revenue and other income, down 22%. Like-for-like revenue, down 14%.
We've seen -- definitely, we've seen some FX headwinds. So on a constant currency basis, revenue -- like-for-like revenue is down 11%. Underlying net profit, down 10%. And I think supporting the strong cash flow generation, we're still paying a dividend of $0.09 for the interim.
Strong balance sheet still, $90 million at the half, 31 December, over $100 million in cash currently. So I think that's, again, reflective of our tight cost control, which we've been very proactive since the start of COVID in March, April last year.
Underlying free cash, 155% of underlying net profit. That's going to support maintenance capital programs, which was quite small, I think, in the first half. I think we only spent about $800
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
