Serco Group

In a fast changing world of limited resources, budget deficits and rising service expectations, governments across the world need to constantly strive to deliver more with less. This is where Serco comes in. Serco is a specialist in delivering vital public services on behalf of national, state, local governments. We help ensure swift, safe travel; the protection of borders through the smart use of technology; improved readiness of the defence community and better patient wellbeing with our patient centre healthcare support services. The combination of our deep sector expertise, operational know-how, and unique service ethos enable us to add real value to the organisations we work for. That is why for the last 50 years Serco has been trusted with delivering vital services for the UK, North American, Australian, Middle East national, state and local governments.
Company Growth (employees)
Type
Public
HQ
Hook, GB
Founded
1988
Size (employees)
96,462 (est)
Website
serco.com
Serco Group was founded in 1988 and is headquartered in Hook, GB

Serco Group Office Locations

Serco Group has offices in Hook, North Sydney, Reston, London and in 2 other locations
Hook, GB (HQ)
Bartley Way
Reston, US
1000 1818 Library St
North Sydney, AU
10 90-94 Arthur St
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Serco Group Data and Metrics

Serco Group Financial Metrics

Serco Group's revenue was reported to be £3 b in FY, 2016 which is a 5% decrease from the previous period.
GBP

Revenue (FY, 2016)

3 b

Revenue growth (FY, 2015 - FY, 2016), %

(5%)

Gross profit (FY, 2016)

243.4 m

Gross profit margin (FY, 2016), %

8%

Net income (FY, 2016)

16.9 m

Market capitalization (24-Jul-2017)

1.2 b

Closing share price (24-Jul-2017)

1.1

Cash (31-Dec-2016)

177.8 m
Serco Group's current market capitalization is £1.2 b.
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

4.3 b3.6 b3.2 b3 b

Revenue growth, %

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

Cost of goods sold

3.8 b3.7 b2.8 b2.8 b

Gross profit

495.3 m(65.7 m)327.9 m243.4 m

Gross profit Margin, %

12%(2%)10%8%

Operating expense total

349.8 m886.8 m331.6 m201.2 m

Pre tax profit

108.3 m(990.5 m)(69.4 m)29.6 m

Net Income

98.4 m(989.5 m)(86.9 m)16.9 m
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash

125.1 m180.1 m323.6 m177.8 m

Accounts Receivable

210.7 m369.8 m401.4 m423.9 m

Current Assets

967.1 m1.3 b925.5 m759.6 m

PP&E

385.3 m266.4 m314.3 m343.5 m

Goodwill

1.5 b660.3 m599.7 m661.5 m

Total Assets

2.8 b2.2 b1.8 b1.8 b

Accounts Payable

169.9 m99.8 m93.6 m84.7 m

Current Liabilities

768 m1.1 b914.5 m745.3 m

Total Liabilities

1.7 b2.3 b1.6 b1.4 b

Retained Earnings

46.9 m(1.4 b)(152.6 m)(1.2 m)

Total Equity

1.1 b(68 m)280.6 m397.4 m

Financial Leverage

2.6 x-32.7 x6.6 x4.4 x
GBPFY, 2013FY, 2014FY, 2015FY, 2016

Cash From Operating Activities

7.9 m63.1 m(19.4 m)(62.3 m)

Cash From Financing Activities

(23.9 m)19.2 m18.7 m(125.1 m)

Income Taxes Paid

(9.9 m)1 m(17.5 m)(12.7 m)
Y, 2016

Financial Leverage

4.4 x

Serco Group Market Value History

Traffic Overview of Serco Group

Serco Group Online and Social Media Presence

Serco Group News and Updates

Security firm G4S reports results this week

Security firm G4S will be reporting its 2016 full year results on Wednesday, the same day as the budget. This week’s numbers will spotlight the extent to which the group's chief exec, Ashley Almanza has been successful in turning around the beleaguered company. Investors will be keen to see wh…

Gulf States see great opportunities in Britain’s bright post-Brexit future

Prime Minister Theresa May is in Bahrain, meeting with leaders of the Gulf Cooperation Council (GCC), spearheading the UK government’s plans to “turbo-charge” trade with this important trading bloc. In doing so Mrs May has gone into the history books as the first British Prime Minister to attend …

TfL signs £79m deal with Serco to upgrade London's Boris bikes

Transport for London (TfL) has signed a deal with Serco to develop the next generation of London’s cycle hire scheme, Santander Cycles. The five year contract is valued at £79.7m and Serco will distribute and maintain the hire scheme, while the upgraded bike will be made by Pashley Cycles, a Stra…

Serco lands £600m contract with Barts Health NHS Trust in London

Shares in outsourcing company Serco popped yesterday after it said it had been named as the prefered bidder for a whopping £600m contract with Barts Health in London. Shares leapt by almost two per cent on the announcement – the largest deal the company has won since 2014 – and ended trading yest…

Serco shares jump 16 per cent as it swings to profit

Serco shares rose as much as 16 per cent to 138p this morning, after the outsourcer hiked its profit forecast for the second time this year. The figures The FTSE 250-listed company made a pre-tax profit of £58.1m in the six months ended 30 June, up from a loss of £16m a year earlier. This came…

UPDATE 3-UK Stocks-Factors to watch on Aug 4

Aug 4 (Reuters) - Britain's FTSE 100 index is seen opening up 6 to 11 points on Thursday, according to financial bookmakers, with futures up over 0.2 percent ahead of the cash market open.
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Serco Group Company Life and Culture

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