FY15: Strategic transition keeps SCC UK growth plans on track with DCS revenue up 87%
SCC* has announced its annual results for year ending March 2015, with Services revenue reaching £159m, up 22% and accounting for 24% of its total income. Combined UK Operations*: · FY15 revenue £662m, down 13.3%; · Services revenue up 22% to £159m, now 24% of total revenue; · Gross Profit (GP) increase of 15% and margin rate up 3.7% in the year to 15.5%; · Share of GP from Services up 11% in the year to 55% of overall GP; · EBITDA up 25% on prior year to £19.4m; · PBT at £12.4m up 20% on prior year; · M2 print business contributes turnover of £27m and EBITDA of £1.