Friday preview: Serco under pressure to deliver second half rebound

Outsourcing firm Serco updates the market on third quarter trading and has a hard act to follow after sector peer Capita's upbeat statement on Tuerday.

MoneyWeek's avatar
By
published
in Features

Outsourcing firm Serco updates the market on third quarter trading and has a hard act to follow after sector peer Capita's upbeat statement on Tuerday.

At the halfway point of the year, Serco announced a 2% like-for-like decline in revenue but said this should turn round in the second half to an 8% improvement.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.

Latest