BUZZ-Australia's Servcorp rises to near 8-year high on strong annual results

Reuters08-14
BUZZ-Australia's Servcorp rises to near 8-year high on strong annual results

Aug 14 (Reuters) - ** Shares of Australia's Servcorp SRV.AX climb 8.7% to A$6.470, their highest since August 2017

** The office space solutions provider posts annual net income of A$53.1 million ($34.78 million), up 36% compared with FY24

** Co declares 10% franked final dividend of 14 AU cents per share

** Sees FY26 underlying NPBIT in the range of A$72 million to A$76 million

** SRV stock up 32.4%, YTD

($1 = 1.5270 Australian dollars)

(Reporting by Keshav Singh Chundawat in Bengaluru)

((Keshav.SinghChundawat@thomsonreuters.com;))

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