Serco backs 2023 guidance as trading profit, revenues rise

28th Feb 2023 08:00

(Sharecast News) - Outsourcer Serco hiked its dividend on Tuesday as it reported a rise in full-year profit and revenue despite a decline in Covid-related work.

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Serco wins $690m US govt health contract

23rd Feb 2023 07:45

(Sharecast News) - Government outsourcer Serco has won a $690m contract by the US Department of Health to continue working on whether people are eligible for federal health insurance.

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FRC ends probe into Serco financial statements

21st Feb 2023 09:09

(Sharecast News) - The Financial Reporting Council (FRC) announced the closure of its investigation into Serco's financial statements for 2011 and 2012 on Tuesday.

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Serco lifts revenue, profit guidance

15th Dec 2022 07:28

(Sharecast News) - UK government outsourcer Serco lifted 2022 revenue guidance slightly, adding that revenue the following year would increase.

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Director dealings: Outgoing Serco CEO lowers stake

28th Nov 2022 15:54

(Sharecast News) - Serco revealed on Monday that outgoing chief executive Rupert Soames had disposed of 1.88m ordinary shares in the FTSE 250-listed contractor.

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Serco wins £200m Royal Navy support contract

16th Nov 2022 08:01

(Sharecast News) - UK government outsourcer Serco said it had won a Royal Nay marine services contract worth £200m.

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Director dealings: Serco's Soames offloads £3m of his shareholding

9th Nov 2022 13:10

(Sharecast News) - Outsourcing giant Serco disclosed a sale worth more than £3m on Wednesday, made by its outgoing chairman Rupert Soames.

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Serco CEO Soames to step down in December

12th Sep 2022 07:02

(Sharecast News) - Government contractor Serco said CEO Rupert Soames would retire in September 2023 and step down at the end of this December. He will be succeeded by Mark Irwin, who is currently the CEO of the company's UK & Europe Division.

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Serco acquires immigration services provider ORS

1st Sep 2022 07:43

(Sharecast News) - Government services provider Serco has agreed to acquire ORS, a specialist provider of immigration services to public sector customers in Switzerland, Germany, Austria, and Italy.

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Serco lifts full-year guidance again

4th Aug 2022 08:21

(Sharecast News) - Outsourcer Serco lifted its full-year guidance slightly on Thursday to reflect trading in May and June, as it said strong growth across the business had offset the wind-down of the Test & Trace business.

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Serco lifts full-year guidance again

4th Aug 2022 08:21

(Sharecast News) - Outsourcer Serco lifted its full-year guidance slightly on Thursday to reflect trading in May and June, as it said strong growth across the business had offset the wind-down of the Test & Trace business.

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Serco appoints Tom Watson as North America boss

12th Jul 2022 12:50

(Sharecast News) - Serco said on Tuesday that it has appointed Tom Watson as chief executive officer of its North American division.

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Serco upgrades full-year guidance

26th May 2022 07:08

(Sharecast News) - Government contractor Serco said on Thursday that better than expected trading and a "positive outlook" had led it to increase full-year guidance for both revenue and underlying trading profits.

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Director dealings: Serco, Capita chiefs vest options; Strix non-exec invests

27th Apr 2022 12:41

(Sharecast News) - Two outsourcing giants found themselves on the list of director sells on Wednesday, after their CEOs covered their costs and tax bills after exercising share options.

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Serco FY profits beat expectations

24th Feb 2022 08:19

(Sharecast News) - UK government outsourcing contractor Serco reported better-than-expected full-year profit on Thursday, driven by coronavirus-related contracts, and rebound in leisure and transport contracts.

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