Serco Group (SRP)

Sector:

Support

Index:

FTSE 250

180.10p
   
  • Change Today:
    -4.60p
  • 52 Week High: 189.70
  • 52 Week Low: 136.90
  • Currency: UK Pounds
  • Shares Issued: 1,086.70m
  • Volume: 7,248
  • Market Cap: £1,957.15m
  • RiskGrade: 174

Serco wins contract extension with Department of Health and Social Care

By Iain Gilbert

Date: Monday 28 Jun 2021

LONDON (ShareCast) - (Sharecast News) - Government services contractor Serco has been awarded a contract by the Department of Health and Social Care to continue providing support services to Covid-19 regional, local and mobile test centres in England and Northern Ireland.
Serco said on Monday that the contract was for 12 months, with an option to extend for a further six months, and could be worth up to £322.0m to the group, although it acknowledged the actual amount was unknown and could "differ materially" as the contract was designed to be flexible.

The agreement with the DHSC will see the FTSE 250-listed firm continue to provide test site operations, asset administration support, cleaning and security services at around 20% of sites in England and Northern Ireland starting from July.

Chief executive Rupert Soames said: "We are proud of the part we have played in building and operating the UK's highly successful Covid-19 testing infrastructure.

"We are delighted that the DHSC has selected us to continue to support them in providing these services for at least the next twelve months."

As of 0820 BST, Serco shares were up 1.89% at 133.60p.

Email this article to a friend

or share it with one of these popular networks:


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 180.10p
Change Today -4.60p
% Change -2.49 %
52 Week High 189.70
52 Week Low 136.90
Volume 7,248
Shares Issued 1,086.70m
Market Cap £1,957.15m
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
08:00 4 @ 184.20p
08:00 4 @ 184.20p
08:03 200 @ 183.17p
08:03 1,536 @ 183.16p
08:02 1 @ 184.20p

Serco Key Personnel

CEO Mark Irwin

Top of Page