Serco Group (SRP)

Sector:

Support

Index:

FTSE 250

184.70p
   
  • Change Today:
      2.30p
  • 52 Week High: 189.70p
  • 52 Week Low: 136.90p
  • Currency: UK Pounds
  • Shares Issued: 1,086.70m
  • Volume: 1,524,934
  • Market Cap: £2,007.14m
  • RiskGrade: 174

Serco FY profits beat expectations

By Frank Prenesti

Date: Thursday 24 Feb 2022

LONDON (ShareCast) - (Sharecast News) - UK government outsourcing contractor Serco reported better-than-expected full-year profit on Thursday, driven by coronavirus-related contracts, and rebound in leisure and transport contracts.
The company, which operated part of Britain's Covid-19 test-and-trace programme, said underlying trading profit rose to £228.9m from £163.1m and against forecasts of £223m.

Pre-tax profits rose to £192.2m compared with £153.3m in 2020. Revenue increased to £4.42bn from £3.88bn a year earlier. Serco kept its 2022 outlook unchanged with underlying trading profit expected to come in at around £195m.

The board declared a dividend of 2.41p-a-share, up from 1.40p in 2020, and said it was launching a £90m share buyback.

"We have had a strong start to 2022, with order intake of over £600m and trading consistent with our full-year guidance," said chief executive Rupert Soames.

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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 184.70p
Change Today 2.30p
% Change 1.26 %
52 Week High 189.70p
52 Week Low 136.90p
Volume 1,524,934
Shares Issued 1,086.70m
Market Cap £2,007.14m
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 10-May-2024

Time Volume / Share Price
16:41 222,521 @ 183.81p
16:35 4,451 @ 184.70p
16:35 12,610 @ 184.70p
16:35 767,114 @ 184.70p
16:35 2 @ 184.70p

Serco Key Personnel

CEO Mark Irwin

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