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Serco Group Says Guidance For 2020 Underlying Trading Profit Of £135m-£150m
Serco Says Identifying Successor For Chairman Roy Gardner
Serco Secures Four-Year Contract To Support USAF Satellite Control Network In UK
Serco Group plc is a provider of public services. The Company's segments are UK Central Government, which offers services for sectors, including defense, justice & immigration and transport delivered to the United Kingdom Government and devolved authorities; UK & Europe Local & Regional Government, which offers services for sectors, including health and citizen services delivered to the United Kingdom & European public sector customers; Americas, which offers services for sectors including defense, transport and citizen services delivered to the United States federal and civilian agencies, selected state and municipal governments and the Canadian Government; Asia Pacific (AsPac), which offers services for sectors, including defense, justice & immigration, transport, health and citizen services in the Asia Pacific region, including Australia, New Zealand and Hong Kong, and Middle East, which offers services for sectors, including defense, transport and health in the Middle East region.
Bartley Way,16 Bartley Wood Business Prk
Roy Alan Gardner
Independent Non-Executive Chairman of the Board
Rupert Christopher Soames
Group Chief Executive Officer, Executive Director
Angus G. Cockburn
Group Chief Financial Officer, Executive Director
Group General Counsel, Company Secretary
Non-Executive Independent Director
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Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
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Serco <SRP.L> will resume paying dividends for the first time in six years after the outsourcing firm posted a 25% jump in 2019 and said it had shaken off the "gravitational pull of past mis-steps".
British public services outsourcer Serco said it would resume paying a dividend for the first time since 2014 after it reported 2019 profit in line with forecasts and reiterated its upbeat growth targets for 2020.
Britain's Serious Fraud Office (SFO) on Monday charged two of Serco's <SRP.L> former directors with fraud and false accounting in its investigation into the public services outsourcer's electronic monitoring contract with the Ministry of Justice.
Britain's Serious Fraud Office (SFO) on Monday charged two of Serco's former directors with fraud and false accounting in its investigation into the public services outsourcer's electronic monitoring contract with the Ministry of Justice.
British public services outsourcer Serco <SRP.L> on Thursday raised its 2019 outlook, forecast a stronger 2020 and said it would consider paying dividends again, as it reaped the benefits of the acquisition of a U.S. naval systems business unit.
British public-services outsourcer Serco on Thursday raised its full-year outlook for revenue and underlying trading profit and said it expects to top them in 2020, driven by new contract wins and better performance at its U.S. and Asian businesses.
Britain's accounting regulator said on Tuesday it had fined Deloitte's audit engagement partner Ross Howard for misconduct in the audit of Serco Geografix's 2012 financial statements.
* SERCO SIGNS FRAMEWORK AGREEMENT WITH EPO TO PROVIDE SERVICES FOR CLASSIFICATION, RECLASSIFICATION OF PATENT DOCUMENTS Further company coverage:
British public-services outsourcer Serco <SRP.L> reported a 29% jump in first-half underlying trading profit driven by its American business and said on Wednesday it was confident of growing faster than the market for the next two years.
Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting.
The Financial Reporting Council has fined Deloitte and one of its partners a total of 4.62 million pounds ($5.81 million) for misconduct in relation to the audit of financial statements of Serco Geografix Ltd for the years 2011 and 2012.
A division of Britain's Serco <SRP.L> is close to securing a deal under which it will pay a 19.2 million pound fine that looks to draw a line under a long-running scandal over how it billed for electronic tagging contracts.
Britain's Serco has agreed to pay a 19.2 million pound ($24.1 million) fine for three offences of fraud and two of false accounting when it provided electronic tagging to the Ministry of Justice (MOJ) between 2010 and 2013.
Serco nudged its full-year revenue target higher on Wednesday and said a decision on resuming the dividend was looming, after a recent run of contract wins helped the British outsourcer to shine in an otherwise troubled sector.
Serco nudged its full-year revenue target higher on Wednesday after a recent run of contract wins helped the British outsourcer to stand out in an otherwise troubled sector.
British engineering services group Babcock International Group Plc on Monday confirmed that it had rejected an offer by rival Serco Group in January to combine the two companies in a deal that would have created a company worth 4 billion pounds.
British engineering services group Babcock International Group Plc on Monday confirmed that it had rejected an offer made by rival Serco Group back in January to combine the two companies in a deal which would have created a company worth 4 billion pounds ($5.04 billion)
British outsourcer Serco has made two attempts to merge with its bigger rival Babcock in a deal focused on the defence industry which would have created a company worth 4 billion pounds, The Sunday Times reported.
British outsourcer Serco has made two attempts to merge with its bigger outsourcing rival Babcock, a deal which would create a company worth 4 billion pounds ($5.04 billion), The Sunday Times reported.
British outsourcer Serco on Thursday said it would buy U.S. engineering firm Alion's naval systems unit for $225 million to expand in the fast-growing segment of supplies to the U.S. Navy, sending its shares higher.
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