Serco Group (SRP)

Sector:

Support

Index:

FTSE 250

184.10p
   
  • Change Today:
    -0.60p
  • 52 Week High: 189.70
  • 52 Week Low: 136.90
  • Currency: UK Pounds
  • Shares Issued: 1,086.48m
  • Volume: 765,203
  • Market Cap: £2,000.21m
  • RiskGrade: 174

Serco wins Canadian Forces contract extension worth up to £870m

By Frank Prenesti

Date: Wednesday 17 Mar 2021

LONDON (ShareCast) - (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.


The company on Wednesday said it anticipated annual revenue of £20m-£30m in the opening years of the initial £400m 10-year period. The contract has provision for two five-year extensions with a potential ceiling value to Serco over the full 20 years, including indexation, of around £870m.

Under the contract, which starts in September, Serco will continue to perform the majority of the non-military operation and maintenance functions at this base, located in Central Labrador, including aviation services such as air traffic control and maintenance of navigational aids.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Serco Market Data

Currency UK Pounds
Share Price 184.10p
Change Today -0.60p
% Change -0.32 %
52 Week High 189.70
52 Week Low 136.90
Volume 765,203
Shares Issued 1,086.48m
Market Cap £2,000.21m
RiskGrade 174

Serco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.13% below the market average88.13% below the market average88.13% below the market average88.13% below the market average88.13% below the market average
66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average66.67% below the sector average
Price Trend
74.23% above the market average74.23% above the market average74.23% above the market average74.23% above the market average74.23% above the market average
42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average42.86% above the sector average
Income
38.77% below the market average38.77% below the market average38.77% below the market average38.77% below the market average38.77% below the market average
31.25% below the sector average31.25% below the sector average31.25% below the sector average31.25% below the sector average31.25% below the sector average
Growth
13.9% below the market average13.9% below the market average13.9% below the market average13.9% below the market average13.9% below the market average
35.35% below the sector average35.35% below the sector average35.35% below the sector average35.35% below the sector average35.35% below the sector average

What The Brokers Say

Strong Buy 6
Buy 3
Neutral 2
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Serco Dividends

  Latest Previous
  Final Interim
Ex-Div 18-Apr-24 07-Sep-23
Paid 10-May-24 06-Oct-23
Amount 2.27p 1.14p

Trades for 13-May-2024

Time Volume / Share Price
16:29 2,295 @ 184.10p
16:29 2,596 @ 184.10p
16:29 195 @ 184.10p
16:29 325 @ 184.10p
16:29 351 @ 184.10p

Serco Key Personnel

CEO Mark Irwin

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