Serco reports 1H results

2 hours ago 1
  • Serco press release (OTCPK:SECCF): 1H Revenue: £2.4bn, up 5% at constant currency,
  • Underlying operating profit: £146m
  • Underlying earnings per share: increased 12% to 9.60p.
  • Order intake: very strong at £3.2bn; book-to-bill over 130%.

2024

2025

Actual

Previous guidance

New guidance

Revenue

£4.8bn

~£4.9bn

~£4.9bn

Organic sales growth

(3) %

~1%

~1%

Underlying operating profit

£274m

~£260m

~£260m

Net finance costs

£33m

~£48m

~£48m

Underlying effective tax rate

25%

~25%

~23%

Free cash flow

£228m

~£130m

~£130m

Adjusted net debt

£100m

~£245m

~£285m

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