Serco
| Type | Public |
| HQ | Hook, GB |
| Founded | 1929 |
| Size (employees) | 50,000 (est) |
| Website | serco.com |
Serco was founded in 1929 and is headquartered in Hook, GB
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Viewing summary data as a guest
Sign up for free to see all dataKey People/Management at Serco
Dave Dacquino
Chairman & Chief Executive Officer
Gary Shankman
Senior Vice President & Chief Financial Officer
Candy Curtin
Senior Vice President of Human Resources
David Cummins
Senior Vice President, Transportation
David Goldberg
Senior Vice President, General Counsel
Alan Hill
Senior Vice President, Corporate Communications & Government Relations
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Serco Office Locations
Serco has offices in Herndon, Sydney, Brussels, London and in 1 other location
Hook, GB (HQ)
Serco House 16 Bartley Wood Business Park Bartley Way
London, GB
4th Floor 100 Victoria Street
Sydney, AU
Level 24 60 Margaret Street
Brussels, BE
Avenue de Cortenbergh 60
Herndon, US
6000 12930 Worldgate Dr
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Serco Financials and Metrics
Serco Revenue
Serco's revenue was reported to be £2.95 b in FY, 2017 which is a 1.9% decrease from the previous period.
| GBP | |
|---|---|
Revenue (H1, 2018) | 1.4b |
Gross profit (H1, 2018) | 126.8m |
Gross profit margin (H1, 2018), % | 9.3% |
Net income (H1, 2018) | 14.6m |
EBIT (H1, 2018) | 31.9m |
Cash (30-Jun-2018) | 50.3m |
Annual
| GBP | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Cash | 180.1m | 323.6m | 177.8m | 112.1m |
Accounts Receivable | 498.8m | 519.7m | 543.5m | 506.5m |
Inventories | 31.2m | 26.4m | 22.4m | 17.4m |
Current Assets | 732.5m | 885.7m | 759.6m | 657.5m |
Half Year
| GBP | H1, 2015 | H1, 2016 | H1, 2017 | H1, 2018 |
|---|---|---|---|---|
Cash | 157.1m | 166.2m | 117.8m | 50.3m |
Accounts Receivable | 557.2m | 561.2m | 563.0m | 575.8m |
Inventories | 34.4m | 27.6m | 16.6m | 20.8m |
Current Assets | 772.2m | 778.0m | 723.0m | 655.9m |
Annual
| GBP | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
|---|---|---|---|---|
Depreciation and Amortization | 38.7m | 29.0m | 26.2m | 25.8m |
Inventories | (1.4m) | 5.6m | 1.3m | 3.7m |
Accounts Payable | 30.5m | (59.5m) | (83.4m) | (37.2m) |
Cash From Operating Activities | 63.1m | (100.0k) | (62.3m) | (15.8m) |
Half Year
| GBP | H1, 2015 | H1, 2016 | H1, 2017 | H1, 2018 |
|---|---|---|---|---|
Cash From Operating Activities | (82.3m) | (25.4m) | (33.0m) | (40.7m) |
Purchases of PP&E | (19.6m) | (7.8m) | (10.2m) | (13.1m) |
Cash From Investing Activities | (19.7m) | 17.3m | (3.2m) | (16.4m) |
Long-term Borrowings | (392.4m) | (135.8m) | (3.8m) |
| GBP | Y, 2018 |
|---|---|
Financial Leverage | 5.5 x |
Serco Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| BTP Systems | October 24, 2017 | |
| MBS - BPO Business | December 19, 2012 | |
| DMS Maritime | November 07, 2012 | £82 m |
| Vertex Public Sector Ltd | June 11, 2012 | £55.50 m |
| John Buck International Properties | December 29, 2011 | |
| Excelior | October 20, 2011 | $13.20 m |
| Intelenet Global Services | June 01, 2011 | £385 m |
| Serco Listening Company | March 15, 2011 | $42.10 m |
| SI International | December 28, 2008 | |
| Infovision Group | December 12, 2008 | £13.30 m |
Serco Revenue Breakdown
Serco revenue breakdown by geographic segment: 11.9% from Middle East, 19.6% from AsPac, 23.3% from Americas and 45.2% from UK&E
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Serco Online and Social Media Presence
3.99k Twitter followers
Serco has 3.99k Twitter Followers. The number of followers has increased 0.1% month over month and increased 0.1% quarter over quarter
5.25k Facebook likes
Serco has 5.25k Facebook Likes. The number of likes has increased 0.7% quarter over quarter
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Serco News and Updates
November 15, 2018
Serco Processes 4 Millionth Patent Application for U.S. Patent and Trademark Office
HERNDON, Va., Nov. 15, 2018 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services, announced today that the Company recently processed their 4 millionth patent application for the U.S. Patent & Trademark Office (USPTO). USPTO is the government agency...
October 31, 2018
UK's May gave robust update to business, admitted Brexit investment difficulties - Serco CEO
British Prime Minister Theresa
May was robust in giving a pragmatic assessment of Brexit talks
to executives on Wednesday but admitted there was little she
could do to spur investment while uncertainty remained, Serco
CEO Rupert Soames said.
October 29, 2018
Projected to grow high BPO In Public Market 2018 global research, new opportunities, trends Report 2018-2025 by Accenture, Cap Gemini, IBM, Serco Global Services, TCS, Unisys, and Wipro.
Global BPO In Public Market is expected to grow at a Compound Annual Growth Rate (CAGR) of +9.86%. The base year considered for the study is 2018 and the forecast period considered is 2018 To 2025. Posted via Industry Today. Follow us on Twitter @IndustryToday
October 05, 2018
Serco Awarded $22 Million Contract to Deliver Training to U.S. Army
HERNDON, Va., Oct. 5, 2018 /PRNewswire/ -- Serco Inc., a provider of professional, technology and management services, announced today that the Company has been awarded a contract to continue delivering full-lifecycle training support services to the U.S. Army Joint Munitions Command...
September 11, 2018
Serco Awarded $51 Million Single-Award IDIQ to Support U.S. Military
HERNDON, Va., Sept. 11, 2018 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services, announced today that the Company has been awarded a single-award indefinite delivery, indefinite quantity (IDIQ) contract to continue to provide installation support...
September 10, 2018
Serco Awarded $43 Million Global Acquisition and Logistics Operations Support Contract with US Army
RESTON, Va., Sept. 10, 2018 /PRNewswire/ -- Serco Inc., a provider of professional, technology, and management services, has been awarded a contract to support the U.S. Army Sustainment Command (ASC) with global acquisition and logistics operations support. The three-year task under the...
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Serco Company Life and Culture
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Serco Frequently Asked Questions
When was Serco founded?
Serco was founded in 1929.
Who are Serco key executives?
Serco's key executives are Dave Dacquino, Gary Shankman and Candy Curtin.
How many employees does Serco have?
Serco has 50,000 employees.
What is Serco revenue?
Latest Serco annual revenue is £3 b.
What is Serco revenue per employee?
Latest Serco revenue per employee is £59.1 k.
Who are Serco competitors?
Competitors of Serco include Genpact, Sodexo and Aramark.
Where is Serco headquarters?
Serco headquarters is located at Serco House 16 Bartley Wood Business Park Bartley Way, Hook.
Where are Serco offices?
Serco has offices in Herndon, Sydney, Brussels, London and in 1 other location.
How many offices does Serco have?
Serco has 5 offices.