Serco Group provides public services worldwide. It provides defense, health, justice and immigration, transport, and citizen services. The Company also offers non-clinical support services to hospitals, environmental and leisure services, as well as a range of front, middle, and back-office services to public sector customers; and IT services. In addition, it offers hospital facilities management services, and professional, technology, and management services for defense, transport, and citizen services for the federal government, selected state and municipal governments.

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
Report incorrect company information

Key People/Management at Serco

Dave Dacquino

Dave Dacquino

Chairman & Chief Executive Officer
Gary Shankman

Gary Shankman

Senior Vice President & Chief Financial Officer
Candy Curtin

Candy Curtin

Senior Vice President of Human Resources
David Cummins

David Cummins

Senior Vice President, Transportation
Jack Ginsburg

Jack Ginsburg

Vice President, Business Development
David Goldberg

David Goldberg

Senior Vice President, General Counsel
Show more

Serco Office Locations

Serco has offices in Reston and Hook
Hook, GB (HQ)
Serco House 16 Bartley Wood Business Park Bartley Way
Reston, US
1818 Library Street Suite 1000
Show all (2)
Report incorrect company information

Serco Financials and Metrics

Serco Revenue

Embed Graph
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 (FY, 2017)

3 b

Revenue growth (FY, 2016 - FY, 2017), %

(1.9%)

Gross profit (FY, 2017)

248.9 m

Gross profit margin (FY, 2017), %

8.4%

Net income (FY, 2017)

100 k

EBIT (FY, 2017)

30 m

Cash (31-Dec-2017)

112.1 m
Annual
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

3.6 b3.2 b3 b3 b

Revenue growth, %

(16%)(12%)(5%)(2%)

Cost of goods sold

3.7 b2.8 b2.8 b2.7 b

Gross profit

(65.7 m)327.9 m243.4 m248.9 m
Half Year
GBPH1, 2015H1, 2016H1, 2017

Revenue

1.8 b1.5 b1.5 b

Cost of goods sold

1.6 b1.3 b1.4 b

Gross profit

192.2 m166.5 m133.4 m

Gross profit Margin, %

11%11%9%
Annual
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Cash

180.1 m323.6 m177.8 m112.1 m

Accounts Receivable

498.8 m519.7 m543.5 m506.5 m

Inventories

31.2 m26.4 m22.4 m17.4 m

Current Assets

732.5 m885.7 m759.6 m657.5 m
Half Year
GBPH1, 2015H1, 2016H1, 2017

Cash

157.1 m166.2 m117.7 m

Accounts Receivable

557.2 m561.2 m563 m

Inventories

34.4 m27.6 m16.6 m

Current Assets

772.2 m778 m723 m
Annual
GBPFY, 2014FY, 2015FY, 2016FY, 2017

Depreciation and Amortization

38.7 m29 m26.2 m25.8 m

Inventories

(1.4 m)5.6 m1.3 m3.7 m

Accounts Payable

30.5 m(59.5 m)(83.4 m)(37.2 m)

Cash From Operating Activities

63.1 m(100 k)(62.3 m)(15.8 m)
Half Year
GBPH1, 2015H1, 2016H1, 2017

Cash From Operating Activities

(82.3 m)(25.4 m)(33 m)

Purchases of PP&E

(19.6 m)(7.8 m)(10.2 m)

Cash From Investing Activities

(19.7 m)17.3 m(3.2 m)

Long-term Borrowings

(392.4 m)(135.8 m)(3.8 m)
GBPY, 2017

Revenue/Employee

59.1 k

Financial Leverage

4.9 x
Show all financial metrics

Serco Operating Metrics

Serco's Orders was reported to be 500 in FY, 2016.
H1, 2015FY, 2015H1, 2016FY, 2016H1, 2017FY, 2017

Bookings

£11.50 b£10 b£9.70 b£9.90 b£10.80 b£10.70 b

Order Intake

£1 b£900 m£2.50 b£2.40 b£3.40 b

Orders

400 700 500 500

Book-to-bill Ratio

130%100%
Show all operating metrics

Serco Acquisitions / Subsidiaries

Acquired CompanyDateDeal 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
Show more

Serco Revenue Breakdown

Embed Graph

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

Report incorrect company information

Serco Online and Social Media Presence

Embed Graph
Report incorrect company information

Serco News and Updates

Keeping Kids In Detention With Parents Is A Recipe For Abuse. Ask Australia.

The country’s human rights organizations are warning Americans not to make the same “horrible mistakes.”
Report incorrect company information

Serco Company Life and Culture

Report incorrect company information