Serco trundling on

Outsourcing leviathan Serco is on target to deliver a performance in line with expectations in the current financial year, despite continued tough trading conditions on both sides of the Atlantic.

Outsourcing leviathan Serco is on target to deliver a performance in line with expectations in the current financial year, despite continued tough trading conditions on both sides of the Atlantic.

"While short-term headwinds remain, particularly those facing the US federal contracting industry, longer term developments in our markets and our strong positions are all encouraging factors. This underpins our confidence that the portfolio will sustain growth well into the future," said Serco's chief executive, Christopher Hyman.

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