Serco Group (SRP)

Sector:

Support

Index:

FTSE 250

181.10p
   
  • Change Today:
    -0.30p
  • 52 Week High: 189.70p
  • 52 Week Low: 136.90p
  • Currency: UK Pounds
  • Shares Issued: 1,089.72m
  • Volume: 149,392
  • Market Cap: £1,973.48m
  • RiskGrade: 174

Serco's Soames says 'it's time to outsource myself' as he steps down

By Frank Prenesti

Date: Monday 12 Sep 2022

LONDON (ShareCast) - (Sharecast News) - Government contractor Serco said CEO Rupert Soames would retire in September 2023 and step down at the end of this December. He will be succeeded by Mark Irwin, who is currently the CEO of the company's UK & Europe Division.
"It has been the privilege of my working life to lead Serco for the last eight years, but it is now time for me to outsource myself," Soames said in a statement.

Anthony Kirby will move from his role as group chief operating officer to become chief executive of Serco's UK & Europe business.

Serco has been a key part of the UK government's policy to outsource public services and is involved in everything from prisons to immigration detention centres. It was also paid more than £600m to run about a fifth of the Covid-19 testing sites and contract-tracing call centre workers, in a programme that repeatedly faced criticism for alleged poor performance as well as concerns over possible tax dodging by subcontractors used by Serco, the Guardian newspaper reported.

Reporting by Frank Prenesti at Sharecast.com

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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 181.10p
Change Today -0.30p
% Change -0.17 %
52 Week High 189.70p
52 Week Low 136.90p
Volume 149,392
Shares Issued 1,089.72m
Market Cap £1,973.48m
RiskGrade 174

Serco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
89.85% below the market average89.85% below the market average89.85% below the market average89.85% below the market average89.85% below the market average
68.89% below the sector average68.89% below the sector average68.89% below the sector average68.89% below the sector average68.89% below the sector average
Price Trend
81.53% above the market average81.53% above the market average81.53% above the market average81.53% above the market average81.53% above the market average
56.00% above the sector average56.00% above the sector average56.00% above the sector average56.00% above the sector average56.00% above the sector average
Income
44.43% below the market average44.43% below the market average44.43% below the market average44.43% below the market average44.43% 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
16.23% below the market average16.23% below the market average16.23% below the market average16.23% below the market average16.23% below the market average
37.37% below the sector average37.37% below the sector average37.37% below the sector average37.37% below the sector average37.37% below the sector average

What The Brokers Say

Strong Buy 6
Buy 2
Neutral 2
Sell 0
Strong Sell 0
Total 10
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 26-Apr-2024

Time Volume / Share Price
10:55 34 @ 181.10p
10:55 115 @ 181.10p
10:55 118 @ 181.10p
10:52 258 @ 181.40p
10:52 267 @ 181.43p

Serco Key Personnel

CEO Mark Irwin

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