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Serco Group PLC

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  • Thursday, 26 May, 2022
    Immigration work helps Serco overcome end of UK Covid contracts

    Shares jump as revenues and profits upgraded above previous forecasts

  • Thursday, 24 February, 2022
    Serco profits buoyed by government Covid contracts

    Outsourcer increases dividend by 15% and launches £90mn share buyback

  • Monday, 15 November, 2021
    Covid contracts push Serco to upgrade full-year profit outlook

    Work housing asylum seekers also boosts revenues

  • Wednesday, 30 June, 2021
    Serco predicts first-half profits to climb 50%

    Outsourcer expects sales to rise by a fifth as it wins £322m contract to keep Covid testing centres running

  • Monday, 14 June, 2021
    Lex
    Serco: UK test and trace scheme boosts outsourcer Premium content

    Public criticism has weighed on share price but not prevented group from lifting profits

  • Monday, 14 June, 2021
    City Bulletin
    Serco raises 2021 profit forecast Premium content

    Plus, BNP Paribas faces mis-selling allegations and Mohamed El-Erian on the Fed’s inflation puzzle

  • Monday, 14 June, 2021
    Serco upgrades profit guidance as test-and-trace demand persists

    Outsourcer’s divisions in line or ahead of budget in first five months of the year

  • Monday, 26 April, 2021
    Serious Fraud Office UK
    SFO’s case against former Serco executives collapses

    Agency made mistakes when disclosing documents, jeopardising prisoner tagging trial

  • Wednesday, 7 April, 2021
    UK outsourcing
    Serco practice of moving profits within group ‘legitimate’, argues defence lawyer

    UK contractor’s financial models of shifting profits to Geografix subsidiary were not part of scam, court told

  • Tuesday, 30 March, 2021
    Ex-Serco executives accused of concealing £12m in offender-tagging contract

    Nicholas Woods and Simon Marshall appear in court on first day of SFO trial

  • Wednesday, 10 March, 2021
    Serco chief Rupert Soames receives £4.9m pay package

    Outsourcer says revenues from Covid-related work stripped out of bonus calculations

  • Thursday, 25 February, 2021
    Serco to pay first dividend in 7 years as profits rise

    Outsourcing company says Covid work accounts for only 1% of earnings

  • Tuesday, 16 February, 2021
    LombardIan Smith
    Serco’s march on US defence could go further

    Test and trace outsourcer bets big on military tech; Virgin Wines’ float looks to cash in on rival’s success

  • Tuesday, 16 February, 2021
    Serco to buy US military business in boost to defence revenues

    UK outsourcer’s shares rise as it agrees $295m deal for Whitney, Bradley & Brown

  • Thursday, 17 December, 2020
    Serco repays UK government furlough funds as profits set to rise

    Outsourcer involved with test and trace scheme to reward 50,000 staff with £100 bonus each

  • Monday, 2 November, 2020
    Lex
    Serco: fission trips Premium content

    UK outsourcer is strong enough to cope with the setback over the Atomic Weapons Establishment

  • Monday, 2 November, 2020
    UK outsourcing
    Serco hit by loss of nuclear submarine contract

    UK outsourcer’s shares drop 12% as MoD plans to renationalise Atomic Weapons Establishment

  • Friday, 16 October, 2020
    Serco raises revenue target after winning Covid contracts

    UK outsourcer secures extension for its work on heavily criticised test and trace programme

  • Monday, 21 September, 2020
    Serco seeks acquisitions as outsourcers come under pressure

    Chief of group best known for running prisons says sector is ‘facing an era of consolidation’

  • Monday, 14 September, 2020
    UK outsourcing
    Serco tops UK outsourcers for Covid-19 contracts

    Research shows pandemic did not bring a ‘bonanza’ of work

  • Wednesday, 19 August, 2020
    Coronavirus pandemic
    McKinsey earnt £560,000 for giving ‘vision’ to new English pandemic body

    Health department sought report from consultancy on options for running coronavirus programme

  • Friday, 19 June, 2020
    News in-depthUK politics & policy
    England’s contact app fiasco exposes limits of technology

    Evidence from around world suggests successful test-and-trace programmes possible without use of smartphones

  • Thursday, 2 April, 2020
    LombardCat Rutter Pooley
    Reasons for cheer in these grimmest of times 

    Many companies are adapting in the fight against Covid-19; Serco’s Churchill moment 

  • Wednesday, 26 February, 2020
    Serco reinstates dividend for first time since 2014

    Chief describes payout as ‘important milestone’ for group close to bankruptcy six years ago

  • Wednesday, 26 February, 2020
    LexGlobal outsourcing
    Serco: rocket man Premium content

    Soames hails progress after long and painful turnround

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