daicosisgod, apologies for that. Corrected!
This is from the FNArena summary of company results, reproduced on the 'Livewire' blog:
UBS notes a challenging operating environment for Servcorp, with pricing pressure in key markets and a second half profit below expectations. That said, occupancy has improved on the prior half and cost
guidance implies 10-20% growth. Cost controls were again the highlight and the broker believes the
successful roll-out of global vaccination should mean the worst is behind the company. UBS considers
Servcorp a recovery trade.
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