Serco wins Canadian Forces contract extension worth up to £870m
17th Mar 2021 07:02
(Sharecast News) - UK outsourcing contractor Serco has been awarded a contract extension worth a potential £870m to provide support services at the 5 Wing Canadian Forces base in Goose Bay.
Read moreWednesday broker round-up
3rd Mar 2021 13:05
(Sharecast News) - Croda International: Berenberg reiterates buy with a target price of 7,400p.
Read moreSerco to resume dividend payouts for first time since 2014
25th Feb 2021 08:57
(Sharecast News) - Serco is to resume paying dividends following a six-year break, after NHS Test and Trace contracts contributed to a strong set of full-year numbers.
Read moreSerco to buy US defence business WBB for $295m
16th Feb 2021 07:51
(Sharecast News) - FTSE 250 outsourcer Serco has agreed to buy Whitney, Bradley & Brown (WBB), a provider of advisory, engineering and technical services to the US military, for $295m from an affiliate of private equity firm H.I.G. Capital.
Read moreBofA stays at 'buy' for Serco, spies upside from Brexit and global defence
17th Dec 2020 15:27
(Sharecast News) - Analysts at Bank of America stood by their 'buy' recommendation for shares of Serco following the outsourcer's pre-close update.
Read moreFurlough repayments and staff bonuses put dent in Serco's trading upside
17th Dec 2020 07:55
(Sharecast News) - Serco Group said on Thursday that it expected revenue for the year to rise 19% to £3.9bn, with organic growth of 16%.
Read moreThursday broker round-up
10th Dec 2020 13:34
(Sharecast News) - Workspace Group: Berenberg downgrades to sell with a target price of 670p.
Read moreSerco lifts revenue and profit guidance after strong third quarter
16th Oct 2020 07:26
(Sharecast News) - Serco reported strong revenue growth in its third quarter on Friday, along with good cost control, leading to an upgrade of its full-year revenue guidance to around £3.9bn, and underlying trading profit to between £160m and £165m.
Read moreSerco issues $200m of US private placement notes
9th Oct 2020 13:11
(Sharecast News) - Serco has issued $200m (£154m) of US private placement loan notes, it announced on Friday.
Read moreUK implements new standards for biodegradable plastics
1st Oct 2020 12:27
(Sharecast News) - The UK government has implemented a new standard for biodegradable plastics to simplify their classification.
Read moreSerco appoints John Rishton as chair
1st Oct 2020 07:49
(Sharecast News) - Former Rolls-Royce boss John Rishton has been appointed chair of government contractor Serco, the company said on Thursday.
Read moreSerco profits soar on govt demand for Covid-related services
6th Aug 2020 07:58
(Sharecast News) - UK outsourcer Serco said interim profits rose 53% on the back of demand from governments for its services during the coronavirus pandemic and purchase of a US naval systems unit last year.
Read moreMonday broker round-up
27th Jul 2020 13:24
(Sharecast News) - Indivior: Jefferies upgrades to buy with a target price of 200.0p.
Read moreSerco reports strong trading and restores guidance
17th Jun 2020 07:56
(Sharecast News) - Serco reinstated financial guidance as the government outsourcer said it expected an increase of about 50% in first half profit based on strong revenue growth.
Read moreSerco Chairman Roy Gardner to step down
28th May 2020 14:57
(Sharecast News) - Serco is looking for a new chairman after Roy Gardner decided to step down five years after joining the public services outsourcing group.
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