View ValuationSerco Group 将来の成長Future 基準チェック /16Serco Group利益と収益がそれぞれ年間8.1%と3.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に17.5% 8.4%なると予測されています。主要情報8.1%収益成長率8.42%EPS成長率Commercial Services 収益成長17.3%収益成長率3.6%将来の株主資本利益率17.51%アナリストカバレッジGood最終更新日14 May 2026今後の成長に関する最新情報お知らせ • May 27Serco Group plc Updates Earnings Guidance for the Year 2025Serco Group plc updated earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon and Underlying operating profit of £260 million.お知らせ • Dec 19Serco Group plc Provides Earnings Guidance for the Year 2025Serco Group plc provided earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon.お知らせ • Aug 02Serco Group plc Reaffirms Earnings Guidance for the Year 2024Serco Group plc reaffirmed earnings guidance for the year 2024. For the year, the company expects revenue of at least GBP ~£4.8 billion, unchanged from the guidance provided on 27 June 2024.お知らせ • Jun 27+ 1 more updateSerco Group plc Updates Guidance for the Year 2024Serco Group plc updated guidance for the year 2024. For the year, the company expected revenue of at least GBP ~£4.8 billion.お知らせ • Jun 29Serco Group plc Provides Revenue Guidance for the Year 2023Serco Group plc provided revenue guidance for the year 2023. For the year, the company expects revenue of at least GBP 4.8 billion.お知らせ • Dec 15Serco Group plc Provides Revenue Guidance for the Full Year of 2022Serco Group plc provided revenue guidance for the full year of 2022. For the year, company now expect reported revenue of £4.5 billion.すべての更新を表示Recent updatesお知らせ • Apr 24Serco Group plc Approves Final DividendSerco Group plc at its AGM held on April 22, 2026, approved to declare the Final Dividend of 3.05 pence per.お知らせ • Mar 18Serco Group plc, Annual General Meeting, Apr 22, 2026Serco Group plc, Annual General Meeting, Apr 22, 2026. Location: the offices of clifford chance llp, 10 upper bank street, e14 5jj, london United Kingdomお知らせ • Mar 06+ 1 more updateSerco Group plc Declares Final Dividend, Payable on 8 May 2026Serco Group plc declared a final dividend of 3.05 pence per share. The dividend will be paid on 8 May 2026, with an ex-dividend date of 9 April 2026 and a record date of 10 April 2026. This takes the total dividend for the year to 4.50 pence per share (2024: 4.16 pence per share).お知らせ • Mar 05+ 1 more updateSerco Group plc to Report Fiscal Year 2026 Results on Mar 04, 2027Serco Group plc announced that they will report fiscal year 2026 results on Mar 04, 2027お知らせ • Jan 07Serco Group plc Announces Termination of John Frederick Rishton As Director, Effective December 31, 2025Serco Group plc announced the termination of John Frederick Rishton As Director, Effective December 31, 2025.お知らせ • Sep 24Serco Group plc Announces CEO Changes for North American DivisionSerco Group Plc announced the appointment of Michael LaRouche as Chief Executive Officer for the North American division, effective October 1, 2025. He will be succeeding Tom Watson. Prior to joining Serco, LaRouche was Business President at Science Applications International Corp. and also held leadership positions at Lockheed Martin and Raytheon Co. LaRouche carries over 30 years of experience with proven leadership to space/ground, air, land, sea, and cyber customers which are highly relevant to Serco's strategy and growth. He has also delivered systems, products, and services across US Defence and Federal/Civilian Agencies.Declared Dividend • Aug 18First half dividend of UK£0.015 announcedShareholders will receive a dividend of UK£0.015. Ex-date: 28th August 2025 Payment date: 3rd October 2025 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not adequately covered by earnings (90.1% earnings payout ratio). However, it is well covered by cash flows (11% cash payout ratio). The dividend has increased by an average of 31% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share is expected to grow by 126% over the next 3 years, which should maintain adequate earnings cover for the dividend.お知らせ • Aug 08+ 1 more updateSerco Group plc Declares Interim Dividend for 2025, Payable on 3 October 2025Serco Group plc declared interim dividend for 2025. For the period, the company announced a dividend of 1.45 pence per share as compared to 1.34 pence per share paid a year ago. This is an increase of 8% compared to the prior period. The dividend will be paid on 3 October 2025, with an ex-dividend date of 28 August 2025 and a record date of 29 August 2025.お知らせ • Jul 31Serco Group plc to Report First Half, 2026 Results on Aug 06, 2026Serco Group plc announced that they will report first half, 2026 results on Aug 06, 2026お知らせ • Jun 26+ 2 more updatesSerco Group plc Appoints Keith Williams to the Board as Non-Executive Director and Board ChairSerco Group plc announces the appointment of Keith Williams to the Board as a Non-Executive Director and Board Chair designate. He will join the Board on 1 August 2025 and will become Board Chair from 1 January 2026. He will succeed John Rishton, who will have completed a nine-year tenure on the Board by the time he steps down on 31 December 2025. Keith is currently Chair of Halfords Group PLC and brings extensive leadership and listed board experience from a range of industries. Keith previously served as Chair of International Distribution Services Plc (previously Royal Mail Group), Non-Executive Director and Deputy Chairman of John Lewis, Non-Executive Director of Aviva plc, and Chief Executive Officer and then Executive Chairman of British Airways. Previously he held positions at Boots, Reckitt and Colman, and Apple Inc. Keith was also previously the independent Chair of the government supported Rail Review. Anthony Kirby, Group Chief Executive, said: "We are delighted to welcome Keith to Serco as next Chair. He brings significant international experience, and I look forward to working closely with him as continue to deliver for customers, colleagues and stakeholders.お知らせ • May 27Serco Group plc Updates Earnings Guidance for the Year 2025Serco Group plc updated earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon and Underlying operating profit of £260 million.お知らせ • Mar 21Serco Group plc, Annual General Meeting, Apr 24, 2025Serco Group plc, Annual General Meeting, Apr 24, 2025. Location: the offices of clifford chance llp, 10 upper bank street, e14 5jj, london United Kingdomお知らせ • Jan 13Serco Group plc Announces CEO ChangesSerco announced the retirement of Mark Irwin and the appointment of Anthony Kirby as Group Chief Executive designate. After 12 years with Serco, Mark Irwin has advised the Board of his intention to retire as Group Chief Executive. Mark will step down from his role on 28 February 2025 and will continue to serve as a strategic adviser through a transition period. Anthony Kirby, currently CEO of UK & Europe, the Group's largest division, will succeed Mark as Group Chief Executive from 1 March 2025.お知らせ • Dec 19Serco Group plc Provides Earnings Guidance for the Year 2025Serco Group plc provided earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon.Buy Or Sell Opportunity • Sep 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.9% to €2.04. The fair value is estimated to be €2.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 5.2% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.Upcoming Dividend • Aug 22Upcoming dividend of UK£0.013 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.2%).Declared Dividend • Aug 04First half dividend of UK£0.013 announcedShareholders will receive a dividend of UK£0.013. Ex-date: 29th August 2024 Payment date: 4th October 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Buy Or Sell Opportunity • Aug 02Now 20% undervaluedOver the last 90 days, the stock has risen 6.5% to €2.28. The fair value is estimated to be €2.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 5.8% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.お知らせ • Aug 02Serco Group plc Declares an Interim Dividend, Payable 4 October 2024Serco Group plc declared an interim dividend of 1.34 pence per share. The interim dividend will be paid on 4 October 2024, with an ex-dividend date of 29 August 2024 and a record date of 30 August 2024.New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 4.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.9% net profit margin).お知らせ • Aug 02Serco Group plc Reaffirms Earnings Guidance for the Year 2024Serco Group plc reaffirmed earnings guidance for the year 2024. For the year, the company expects revenue of at least GBP ~£4.8 billion, unchanged from the guidance provided on 27 June 2024.お知らせ • Jun 27+ 1 more updateSerco Group plc Updates Guidance for the Year 2024Serco Group plc updated guidance for the year 2024. For the year, the company expected revenue of at least GBP ~£4.8 billion.お知らせ • Apr 27Serco Group plc Approves Final DividendSerco Group plc announced the results of its Annual General Meeting (AGM) held on 24 April 2024 approved The Final Dividend of 2.27 pence per share.Recent Insider Transactions • Apr 15Group Chief Executive & Director recently sold €611k worth of stockOn the 8th of April, Mark Irwin sold around 282k shares on-market at roughly €2.17 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months.Upcoming Dividend • Apr 11Upcoming dividend of UK£0.023 per shareEligible shareholders must have bought the stock before 18 April 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%).お知らせ • Mar 21+ 1 more updateSerco Promotes Teren Tan to Head of Emergency Services for Middle EastSerco has announced the promotion of Teren Tan to Head of Emergency Services for the Middle East. This appointment comes as Serco continues to expand its emergency services operations, underpinning its commitment to improve citizen and resident safety, impacting a better future. In his new capacity, Tan will be responsible for overseeing and ensuring the strategic growth and compliance of Serco's full suite of emergency services operations across the Middle East, a team which encompasses more than 200 professionals currently. Top-tier emergency services their responsibilities include delivering top-tier emergency services and resilience training, operational emergency services, as well as both resilience and crisis management advisory services. Tan will also be responsible for advising on global strategic opportunities across the Serco business. Tan brings a wealth of experience to his new position, having joined Serco in 2020 after a 14-year career with the Australian Defence Force in the emergency services domain. There he held several leadership roles, both within Australia and on international assignments, notably in his contribution to the Capability Acquisition and Sustainment Group - Land Systems Division. Tan's move to Serco was driven by his dedication to emergency services, driving substantial improvement initiatives and major acquisition programmes. Five projectsThe creation of Tan's role within Serco marks a significant milestone in the company's successful three-year growth trajectory in emergency services. Serco currently operates emergency services across five projects in Saudi Arabia's giga cities and the UAE and following its establishment of the Middle East division of its International Fire Training Centre (IFTC) in 2021, it continues to deliver ongoing FRS training for multiple international and regional airports in the Middle East. Tan will report into Samantha Rowles, Operations Director - Transport, for Serco Middle East.Reported Earnings • Mar 01Full year 2023 earnings released: EPS: UK£0.18 (vs UK£0.13 in FY 2022)Full year 2023 results: EPS: UK£0.18 (up from UK£0.13 in FY 2022). Revenue: UK£4.87b (up 7.5% from FY 2022). Net income: UK£202.4m (up 30% from FY 2022). Profit margin: 4.2% (up from 3.4% in FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.お知らせ • Mar 01Serco Group plc (LSE:SRP) announces an Equity Buyback for £140 million worth of its shares.Serco Group plc (LSE:SRP) announces a share repurchase program. Under the program company will repurchase up to £140 million worth of its shares. The purpose of the program is to return surplus capital to shareholders and aid the Group in meeting its medium-term leverage targets. Any shares repurchased under the program will either be cancelled or held in treasury. The repurchase program will complete by December 31, 2024.お知らせ • Feb 29+ 1 more updateSerco Group plc Recommends Final Dividend in Respect of the Year Ended 31 December 2023, Payable on 10 May 2024Serco Group plc announced that the board has decided to recommend a final dividend of 2.27 pence per share in respect of the year ended 31 December 2023 (2022:1.92p per share). Ex-dividend date 18 April 2024; Record date 19 April 2024; Final dividend payable 10 May 2024.お知らせ • Jan 12Serco Group plc to Report Fiscal Year 2025 Results on Mar 05, 2026Serco Group plc announced that they will report fiscal year 2025 results on Mar 05, 2026お知らせ • Dec 20+ 3 more updatesSerco Group plc to Report Fiscal Year 2024 Results on Feb 27, 2025Serco Group plc announced that they will report fiscal year 2024 results on Feb 27, 2025お知らせ • Dec 19Serco Group plc to Report Fiscal Year 2023 Results on Feb 09, 2024Serco Group plc announced that they will report fiscal year 2023 results on Feb 09, 2024お知らせ • Dec 14Serco Group plc (LSE:SRP) agreed to acquire European Homecare Gesellschaft Mit BeschrÄNkter Haftung from Korte-Stiftung for €40 million.Serco Group plc (LSE:SRP) agreed to acquire European Homecare Gesellschaft Mit BeschrÄNkter Haftung from Korte-Stiftung for €40 million on December 14, 2023. Completion of the acquisition is subject to competition authority clearance.お知らせ • Dec 07Serco Group plc Appoints Lynne Peacock as Non-Executive DirectorSerco Group plc notified that Lynne Peacock, Senior Independent Director, appointed as a Non-Executive Director and Deputy Chair of Royal London with effect from 5 December 2023.お知らせ • Oct 26Serco Group plc Announces Appointment of Andrew Head as Chief Executive OfficerSerco Group plc announced appointment of Andrew Head as Chief Executive Officer. Andrew is an experienced leader whose background aligns well with Serco, having worked in both the government and private sectors. Most recently he spent 20 years at Transurban. In that period, he oversaw several key businesses, led a number of acquisitions and finished his tenure with five years as WestConnex CEO, where his team successfully delivered Australia's road infrastructure project.お知らせ • Sep 16Serco Group plc Announces Executive ChangesSerco Group plc announced that Nickesha Graham-Burrell has been appointed as Group Company Secretary with effect from 15 September 2023. David Eveleigh has served as Group General Counsel and Company Secretary and will continue as Group General Counsel with responsibility for the Company Secretariat function alongside his other responsibilities.Upcoming Dividend • Aug 31Upcoming dividend of UK£0.011 per share at 2.0% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.5%).お知らせ • Aug 04+ 1 more updateSerco Group plc Declares Interim Dividend, Payable on October 06, 2023The Board of Serco Group plc declared an interim dividend of 1.14p per share. The interim dividend will be paid on 6 October 2023, with an ex-dividend date of 7 September 2023 and a record date of 8 September 2023.New Risk • Aug 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.Reported Earnings • Aug 03First half 2023 earnings released: EPS: UK£0.13 (vs UK£0.075 in 1H 2022)First half 2023 results: EPS: UK£0.13 (up from UK£0.075 in 1H 2022). Revenue: UK£2.47b (up 14% from 1H 2022). Net income: UK£147.6m (up 62% from 1H 2022). Profit margin: 6.0% (up from 4.2% in 1H 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.お知らせ • Jun 29Serco Group plc Provides Revenue Guidance for the Year 2023Serco Group plc provided revenue guidance for the year 2023. For the year, the company expects revenue of at least GBP 4.8 billion.Upcoming Dividend • May 04Upcoming dividend of UK£0.019 per share at 1.9% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%).Reported Earnings • Mar 01Full year 2022 earnings released: EPS: UK£0.13 (vs UK£0.25 in FY 2021)Full year 2022 results: EPS: UK£0.13 (down from UK£0.25 in FY 2021). Revenue: UK£4.53b (up 2.5% from FY 2021). Net income: UK£155.4m (down 49% from FY 2021). Profit margin: 3.4% (down from 6.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.お知らせ • Jan 04+ 1 more updateSerco Group plc Announces Changes to its Chief ExecutiveSerco Group plc announced that Rupert Soames retired from his role as Chief Executive on 31 December 2022 and has been succeeded by Mark Irwin.Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Director Mark Irwin was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.お知らせ • Dec 15Serco Group plc Provides Revenue Guidance for the Full Year of 2022Serco Group plc provided revenue guidance for the full year of 2022. For the year, company now expect reported revenue of £4.5 billion.お知らせ • Dec 07Serco Group plc to Report First Half, 2023 Results on Aug 03, 2023Serco Group plc announced that they will report first half, 2023 results on Aug 03, 2023Recent Insider Transactions • Nov 30Group CEO & Executive Director recently sold €3.7m worth of stockOn the 24th of November, Rupert Soames sold around 2m shares on-market at roughly €1.98 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rupert has been a net seller over the last 12 months, reducing personal holdings by €7.2m.Recent Insider Transactions • Nov 16Group CEO & Executive Director recently sold €3.5m worth of stockOn the 7th of November, Rupert Soames sold around 2m shares on-market at roughly €1.86 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rupert's only on-market trade for the last 12 months.Recent Insider Transactions • Nov 10Group CEO & Executive Director recently sold €3.5m worth of stockOn the 7th of November, Rupert Soames sold around 2m shares on-market at roughly €1.86 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rupert's only on-market trade for the last 12 months.お知らせ • Sep 28Serco Group plc to Report Fiscal Year 2022 Results on Feb 23, 2023Serco Group plc announced that they will report fiscal year 2022 results on Feb 23, 2023お知らせ • Sep 12+ 1 more updateSerco Group plc Announces Executive ChangesSerco Group plc announced that Rupert Soames has confirmed to the Board his intention to retire from the Company in September 2023, at which point he will be 64 and will have served Serco for over 9 years. He will step down both from his role as Chief Executive and from the Board at the end of December 2022, and will be succeeded by Mark Irwin, who is currently the CEO of Serco's UK & Europe Division. Mark has been chosen by the Board after a rigorous selection process that involved both internal and external candidates. Mark, 57, joined Serco in 2013, and between 2014 and 2020 successfully ran Serco's Asia-Pacific region, before moving from Australia to lead the UK & Europe Division. Prior to Serco, Mark had leadership roles in several private equity portfolio businesses in the US and China, and also worked for eight years for GE in the US and Australia.お知らせ • Sep 03Serco Group plc (LSE:SRP) acquired ORS Service AG from Equistone Partners Europe Fund IV managed by Equistone Partners Europe for CHF 44 million.Serco Group plc (LSE:SRP) acquired ORS Service AG from Equistone Partners Europe Fund IV managed by Equistone Partners Europe for CHF 44 million on September 1, 2022. In the year ending on December 31, 2021, ORS's revenue was CHF 110 million. KPMG AG, Schweiz, Corporate Finance Division acted as financial advisor and VISCHER AG acted as legal advisor to Equistone. Serco Group plc (LSE:SRP) completed the acquisition of ORS Service AG from Equistone Partners Europe Fund IV managed by Equistone Partners Europe on September 1, 2022.お知らせ • Sep 02Serco Group plc (LSE:SRP) agreed to acquire OX Holding AG from Equistone Partners Europe for CHF 44 million.Serco Group plc (LSE:SRP) agreed to acquire OX Holding AG from Equistone Partners Europe for CHF 44 million on September 1, 2022.Reported Earnings • Aug 05First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£235.1m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 13Serco Appoints Tom Watson as New CEO in North AmericaSerco announces the appointment of Tom Watson as Chief Executive Officer (CEO) of Serco's North American division, which employs more than 9,000 people and delivers a wide range of services to the U.S. and Canadian governments. He will succeed Dave Dacquino, who will be retiring from his full-time executive role in September and will continue to serve as non-executive Chair of the company's Board of Directors in North America. Tom Watson joined Serco in April 2018 and steps into the CEO role from his position as Senior Vice President responsible for Serco's North America Defense business. He brings over 25 years of experience in providing services to the U.S. Federal Government. Prior to joining Serco, he served as Senior Vice President and General Manager of SAIC's Navy and Marine Corps Customer Group. Before joining SAIC in 1996, Watson worked at RCI (which was subsequently acquired by Serco) providing technical and engineering support for U.S. Navy intelligence systems. His career also includes six years active duty in the U.S. Navy as an electronics technician; he holds an MBA from University of Maryland and a BS in Information Technology from National University.Recent Insider Transactions • Jun 13Group Chief Operating Officer recently sold €242k worth of stockOn the 7th of June, Anthony Kirby sold around 115k shares on-market at roughly €2.11 per share. This was the largest sale by an insider in the last 3 months. This was Anthony's only on-market trade for the last 12 months.Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.06, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.72 per share.お知らせ • May 27Serco Group plc Provides Revenue Guidance for the Full Year of 2022Serco Group plc provided revenue guidance for the full year of 2022. For the year, company now expect reported revenue of £4.3 billion - £4.4 billion.Upcoming Dividend • May 05Upcoming dividend of UK£0.016 per shareEligible shareholders must have bought the stock before 12 May 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (2.8%).お知らせ • Mar 23Serco Group plc, Annual General Meeting, Apr 28, 2022Serco Group plc, Annual General Meeting, Apr 28, 2022, at 10:00 Coordinated Universal Time. Location: Enterprise House, 11 Bartley Wood Business Park, Bartley Way Hook Hampshire United KingdomReported Earnings • Mar 02Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: UK£0.25 (up from UK£0.11 in FY 2020). Revenue: UK£4.42b (up 14% from FY 2020). Net income: UK£303.9m (up 127% from FY 2020). Profit margin: 6.9% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.4% compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Feb 24+ 1 more updateSerco Group plc Recommends Final Dividend, Payable on June 7, 2022The Board of Serco Group plc recommending a final dividend of 1.61 pence, 15% higher than the prior year. Following the interim dividend of 0.8 pence, this results in a full year dividend of 2.41 pence, an increase of 72% compared to 2020. Ex-dividend date is May12, 2022. Record date is May 13, 2022. Final dividend will be payable on June 7, 2022.お知らせ • Dec 03+ 1 more updateSerco Group plc Reiterates Earnings Guidance for the Year 2021Serco Group plc reiterated earnings guidance for the year 2021. The company announced that the business has performed extremely well in 2021, and the company reiterates full year guidance stated on 15 November, which means the company expects to deliver revenue of £4.4 billion, growth of around 13%.Reported Earnings • Aug 06First half 2021 earnings released: EPS UK£0.19 (vs UK£0.057 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£2.17b (up 19% from 1H 2020). Net income: UK£235.1m (up 234% from 1H 2020). Profit margin: 11% (up from 3.9% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 01Serco Group plc Provides Revenue Guidance for the First Half, Second Half and Full Year of 2021Serco Group plc provided revenue guidance for the first half, second half and full year of 2021. For the first half, The company expects revenue of around £2.2 billion in the first half of 2021, 19% higher than the £1.8 billion reported in the first half of 2020. For the second half of 2021, The company expects revenue to show growth in the second half versus the same period in 2020. For the year 2021, the company now expects revenue of £4.3 billion from previous guidance of £4.3 billion.Upcoming Dividend • May 06Upcoming dividend of UK£0.014 per shareEligible shareholders must have bought the stock before 13 May 2021. Payment date: 04 June 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.5%).Executive Departure • May 04Group CFO & Executive Director has left the companyOn the 21st of April, Angus Cockburn's tenure as Group CFO & Executive Director ended after 6.5 years in the role. As of December 2020, Angus personally held 1.90m shares (€2.5m worth at the time). A total of 3 executives have left over the last 12 months.お知らせ • Apr 27+ 1 more updateSerco Group plc Revises Financial Guidance for the Year 2021Serco Group plc revised financial guidance for the year 2021. For the year, the company now expects revenue £4.3 billion compared to previous guidance of £4.2 billion and organic sales growth to be 4% compared to previous guidance of 4%.Executive Departure • Apr 27Independent Chairman of the Board Roy Gardner has left the companyOn the 21st of April, Roy Gardner's tenure as Independent Chairman of the Board ended after 5.9 years in the role. As of December 2020, Roy personally held 225.00k shares (€301k worth at the time). A total of 3 executives have left over the last 12 months.Executive Departure • Apr 24Group CFO & Executive Director has left the companyOn the 22nd of April, Angus Cockburn's tenure as Group CFO & Executive Director ended after 6.5 years in the role. As of December 2020, Angus personally held 1.90m shares (€2.5m worth at the time). A total of 2 executives have left over the last 12 months.お知らせ • Mar 19Serco Group plc, Annual General Meeting, Apr 21, 2021Serco Group plc, Annual General Meeting, Apr 21, 2021, at 14:00 Coordinated Universal Time. Location: Enterprise House, 11 Bartley Wood Business Park, Bartley Way Hook Hampshire United Kingdom Agenda: To receive the annual report and accounts for the year ended 31 December 2020; to approve the directors' remuneration report for the year ended 31 December 2020 as set out on pages 105 to 133 (save for the directors' remuneration policy) of the annual report and accounts; to approve the directors' remuneration policy set out on pages 112 to 118 of the annual report and accounts; to declare a final dividend of 1.4 pence per ordinary share for the financial year ended 31 December 2020; to consider election and re-election of directors; to consider appointment and remuneration of auditor; and to consider other matters.お知らせ • Mar 11Serco Group plc to Report Fiscal Year 2020 Final Results on Mar 10, 2021Serco Group plc announced that they will report fiscal year 2020 final results on Mar 10, 2021Reported Earnings • Feb 26Full year 2020 earnings released: EPS UK£0.11 (vs UK£0.043 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£3.88b (up 20% from FY 2019). Net income: UK£133.8m (up 166% from FY 2019). Profit margin: 3.4% (up from 1.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.Analyst Estimate Surprise Post Earnings • Feb 26Revenue misses expectationsRevenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 7.1%, compared to a 10% growth forecast for the Commercial Services industry in Germany.Is New 90 Day High Low • Feb 26New 90-day high: €1.62The company is up 24% from its price of €1.31 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.48 per share.お知らせ • Feb 26+ 1 more updateSerco Group plc Revises Earnings Guidance for the Year 2021Serco Group plc revised earnings guidance for the year 2021. For t he year, the company expects of revenue £4.2 billion compared to initial guidance of £4.1 billion and organic sales growth to be 4% compared to initial guidance of 2%.お知らせ • Feb 23Serco Group plc to Report First Half, 2021 Results on Aug 05, 2021Serco Group plc announced that they will report first half, 2021 results on Aug 05, 2021お知らせ • Feb 18Serco Group plc (LSE:SRP) agreed to acquire Whitney, Bradley and Brown, Inc from H.I.G. Capital, LLC for approximately $300 millionSerco Group plc (LSE:SRP) agreed to acquire Whitney, Bradley and Brown, Inc("WBB") from H.I.G. Capital, LLC for approximately $300 million on February 16, 2021. The consideration will be paid in cash funded through existing debt facilities. The WBB's team will join Serco. The transaction is subject to regulatory approvals. The transaction is expected to complete in the second quarter of 2021. The acquisition will be immediately accretive to Serco's margins and earnings per share. In 2020, Whitney, Bradley and Brown, Inc generated revenue of $212 million, and its EBITDA was $29 million.お知らせ • Jan 13Serco Group plc Announces Changes to Its BoardSerco Group plc announced that Tim Lodge has been appointed as a Non-Executive Director of Serco and a member of the Group Audit, Group Risk and Remuneration Committees with effect from 21 February 2021. He will replace John Rishton as chair of the Audit Committee when John Rishton succeeds Sir Roy Gardner as chair of the company on 21 April 2021.お知らせ • Dec 18Serco Group plc announces Executive ChangesSerco Group plc ('Serco' or 'the Group') announced that, having served 21 years as a public-company CFO, six of them at Serco, Angus Cockburn, Group Chief Financial Officer, has informed the Board of his wish to retire from full-time executive life, and focus on further developing his non-executive portfolio. It has therefore been agreed that Angus will step down from the Board at the AGM in April 2021 and will be succeeded as Group Chief Financial Officer by Nigel Crossley, currently Group Director of Finance, who will join the Board on the same date. Nigel has worked for Serco since 2014 and he has been at the centre of the transformation of Serco and supported Angus in restoring the reputation and financial stability of the Group. Prior to joining Serco, Nigel held senior finance roles at EMI, RHM plc and Procter & Gamble.業績と収益の成長予測DB:SEO - アナリストの将来予測と過去の財務データ ( )GBP Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20285,454191196366712/31/20275,2421781713581012/31/20265,038168169344912/31/20254,877146414447N/A9/30/20254,86297402436N/A6/30/20254,84749391425N/A3/31/20254,81746388422N/A12/31/20244,78744385419N/A9/30/20244,77492363396N/A6/30/20244,761139341373N/A3/31/20244,817171356383N/A12/31/20234,874202370393N/A9/30/20234,851207351373N/A6/30/20234,828212333352N/A3/31/20234,681184320340N/A12/31/20224,534155308327N/A9/30/20224,485158299321N/A6/30/20224,436160290315N/A3/31/20224,430232304333N/A12/31/20214,425304318350N/A9/30/20214,327301305344N/A6/30/20214,230299293337N/A3/31/20214,057216256303N/A12/31/20203,885134218269N/A9/30/20203,740128209251N/A6/30/20203,595123201234N/A3/31/20203,42286140168N/A12/31/20193,2485079103N/A9/30/20193,09751N/A83N/A6/30/20192,94651N/A63N/A3/31/20192,89159N/A33N/A12/31/20182,83767N/A3N/A9/30/20182,82346N/A-11N/A6/30/20182,81026N/A-25N/A3/31/20182,8809N/A-23N/A12/31/20172,951-8N/A-20N/A9/30/20172,988-33N/A-35N/A6/30/20173,025-57N/A-49N/A3/31/20173,018-20N/A-56N/A12/31/20163,01117N/A-62N/A9/30/20163,0345N/A-24N/A6/30/20163,058-7N/A14N/A3/31/20163,117-47N/A-3N/A12/31/20153,177-86N/A-19N/A6/30/20153,182-1,024N/A-78N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: SEOの予測収益成長率 (年間8.1% ) は 貯蓄率 ( 1.9% ) を上回っています。収益対市場: SEOの収益 ( 8.1% ) German市場 ( 17.1% ) よりも低い成長が予測されています。高成長収益: SEOの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: SEOの収益 ( 3.6% ) German市場 ( 6.8% ) よりも低い成長が予測されています。高い収益成長: SEOの収益 ( 3.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: SEOの 自己資本利益率 は、3年後には低くなると予測されています ( 17.5 %)。成長企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 22:05終値2026/05/22 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Serco Group plc 10 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。26 アナリスト機関James RosenthalBarclaysPaul Daniel SullivanBarclaysAlex SmithBerenberg23 その他のアナリストを表示
お知らせ • May 27Serco Group plc Updates Earnings Guidance for the Year 2025Serco Group plc updated earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon and Underlying operating profit of £260 million.
お知らせ • Dec 19Serco Group plc Provides Earnings Guidance for the Year 2025Serco Group plc provided earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon.
お知らせ • Aug 02Serco Group plc Reaffirms Earnings Guidance for the Year 2024Serco Group plc reaffirmed earnings guidance for the year 2024. For the year, the company expects revenue of at least GBP ~£4.8 billion, unchanged from the guidance provided on 27 June 2024.
お知らせ • Jun 27+ 1 more updateSerco Group plc Updates Guidance for the Year 2024Serco Group plc updated guidance for the year 2024. For the year, the company expected revenue of at least GBP ~£4.8 billion.
お知らせ • Jun 29Serco Group plc Provides Revenue Guidance for the Year 2023Serco Group plc provided revenue guidance for the year 2023. For the year, the company expects revenue of at least GBP 4.8 billion.
お知らせ • Dec 15Serco Group plc Provides Revenue Guidance for the Full Year of 2022Serco Group plc provided revenue guidance for the full year of 2022. For the year, company now expect reported revenue of £4.5 billion.
お知らせ • Apr 24Serco Group plc Approves Final DividendSerco Group plc at its AGM held on April 22, 2026, approved to declare the Final Dividend of 3.05 pence per.
お知らせ • Mar 18Serco Group plc, Annual General Meeting, Apr 22, 2026Serco Group plc, Annual General Meeting, Apr 22, 2026. Location: the offices of clifford chance llp, 10 upper bank street, e14 5jj, london United Kingdom
お知らせ • Mar 06+ 1 more updateSerco Group plc Declares Final Dividend, Payable on 8 May 2026Serco Group plc declared a final dividend of 3.05 pence per share. The dividend will be paid on 8 May 2026, with an ex-dividend date of 9 April 2026 and a record date of 10 April 2026. This takes the total dividend for the year to 4.50 pence per share (2024: 4.16 pence per share).
お知らせ • Mar 05+ 1 more updateSerco Group plc to Report Fiscal Year 2026 Results on Mar 04, 2027Serco Group plc announced that they will report fiscal year 2026 results on Mar 04, 2027
お知らせ • Jan 07Serco Group plc Announces Termination of John Frederick Rishton As Director, Effective December 31, 2025Serco Group plc announced the termination of John Frederick Rishton As Director, Effective December 31, 2025.
お知らせ • Sep 24Serco Group plc Announces CEO Changes for North American DivisionSerco Group Plc announced the appointment of Michael LaRouche as Chief Executive Officer for the North American division, effective October 1, 2025. He will be succeeding Tom Watson. Prior to joining Serco, LaRouche was Business President at Science Applications International Corp. and also held leadership positions at Lockheed Martin and Raytheon Co. LaRouche carries over 30 years of experience with proven leadership to space/ground, air, land, sea, and cyber customers which are highly relevant to Serco's strategy and growth. He has also delivered systems, products, and services across US Defence and Federal/Civilian Agencies.
Declared Dividend • Aug 18First half dividend of UK£0.015 announcedShareholders will receive a dividend of UK£0.015. Ex-date: 28th August 2025 Payment date: 3rd October 2025 Dividend yield will be 1.8%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is not adequately covered by earnings (90.1% earnings payout ratio). However, it is well covered by cash flows (11% cash payout ratio). The dividend has increased by an average of 31% per year over the past 4 years. However, payments have been volatile during that time. Earnings per share is expected to grow by 126% over the next 3 years, which should maintain adequate earnings cover for the dividend.
お知らせ • Aug 08+ 1 more updateSerco Group plc Declares Interim Dividend for 2025, Payable on 3 October 2025Serco Group plc declared interim dividend for 2025. For the period, the company announced a dividend of 1.45 pence per share as compared to 1.34 pence per share paid a year ago. This is an increase of 8% compared to the prior period. The dividend will be paid on 3 October 2025, with an ex-dividend date of 28 August 2025 and a record date of 29 August 2025.
お知らせ • Jul 31Serco Group plc to Report First Half, 2026 Results on Aug 06, 2026Serco Group plc announced that they will report first half, 2026 results on Aug 06, 2026
お知らせ • Jun 26+ 2 more updatesSerco Group plc Appoints Keith Williams to the Board as Non-Executive Director and Board ChairSerco Group plc announces the appointment of Keith Williams to the Board as a Non-Executive Director and Board Chair designate. He will join the Board on 1 August 2025 and will become Board Chair from 1 January 2026. He will succeed John Rishton, who will have completed a nine-year tenure on the Board by the time he steps down on 31 December 2025. Keith is currently Chair of Halfords Group PLC and brings extensive leadership and listed board experience from a range of industries. Keith previously served as Chair of International Distribution Services Plc (previously Royal Mail Group), Non-Executive Director and Deputy Chairman of John Lewis, Non-Executive Director of Aviva plc, and Chief Executive Officer and then Executive Chairman of British Airways. Previously he held positions at Boots, Reckitt and Colman, and Apple Inc. Keith was also previously the independent Chair of the government supported Rail Review. Anthony Kirby, Group Chief Executive, said: "We are delighted to welcome Keith to Serco as next Chair. He brings significant international experience, and I look forward to working closely with him as continue to deliver for customers, colleagues and stakeholders.
お知らせ • May 27Serco Group plc Updates Earnings Guidance for the Year 2025Serco Group plc updated earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon and Underlying operating profit of £260 million.
お知らせ • Mar 21Serco Group plc, Annual General Meeting, Apr 24, 2025Serco Group plc, Annual General Meeting, Apr 24, 2025. Location: the offices of clifford chance llp, 10 upper bank street, e14 5jj, london United Kingdom
お知らせ • Jan 13Serco Group plc Announces CEO ChangesSerco announced the retirement of Mark Irwin and the appointment of Anthony Kirby as Group Chief Executive designate. After 12 years with Serco, Mark Irwin has advised the Board of his intention to retire as Group Chief Executive. Mark will step down from his role on 28 February 2025 and will continue to serve as a strategic adviser through a transition period. Anthony Kirby, currently CEO of UK & Europe, the Group's largest division, will succeed Mark as Group Chief Executive from 1 March 2025.
お知らせ • Dec 19Serco Group plc Provides Earnings Guidance for the Year 2025Serco Group plc provided earnings guidance for the year 2025. For the year, the company expects revenue of around £4.8 billon.
Buy Or Sell Opportunity • Sep 08Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 2.9% to €2.04. The fair value is estimated to be €2.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 5.2% in 2 years. Earnings are forecast to grow by 23% in the next 2 years.
Upcoming Dividend • Aug 22Upcoming dividend of UK£0.013 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 04 October 2024. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.2%).
Declared Dividend • Aug 04First half dividend of UK£0.013 announcedShareholders will receive a dividend of UK£0.013. Ex-date: 29th August 2024 Payment date: 4th October 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (11% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Buy Or Sell Opportunity • Aug 02Now 20% undervaluedOver the last 90 days, the stock has risen 6.5% to €2.28. The fair value is estimated to be €2.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.6% over the last 3 years. Earnings per share has declined by 16%. Revenue is forecast to grow by 5.8% in 2 years. Earnings are forecast to grow by 20% in the next 2 years.
お知らせ • Aug 02Serco Group plc Declares an Interim Dividend, Payable 4 October 2024Serco Group plc declared an interim dividend of 1.34 pence per share. The interim dividend will be paid on 4 October 2024, with an ex-dividend date of 29 August 2024 and a record date of 30 August 2024.
New Risk • Aug 02New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.9% Last year net profit margin: 4.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (2.9% net profit margin).
お知らせ • Aug 02Serco Group plc Reaffirms Earnings Guidance for the Year 2024Serco Group plc reaffirmed earnings guidance for the year 2024. For the year, the company expects revenue of at least GBP ~£4.8 billion, unchanged from the guidance provided on 27 June 2024.
お知らせ • Jun 27+ 1 more updateSerco Group plc Updates Guidance for the Year 2024Serco Group plc updated guidance for the year 2024. For the year, the company expected revenue of at least GBP ~£4.8 billion.
お知らせ • Apr 27Serco Group plc Approves Final DividendSerco Group plc announced the results of its Annual General Meeting (AGM) held on 24 April 2024 approved The Final Dividend of 2.27 pence per share.
Recent Insider Transactions • Apr 15Group Chief Executive & Director recently sold €611k worth of stockOn the 8th of April, Mark Irwin sold around 282k shares on-market at roughly €2.17 per share. This transaction amounted to 19% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months.
Upcoming Dividend • Apr 11Upcoming dividend of UK£0.023 per shareEligible shareholders must have bought the stock before 18 April 2024. Payment date: 10 May 2024. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.0%).
お知らせ • Mar 21+ 1 more updateSerco Promotes Teren Tan to Head of Emergency Services for Middle EastSerco has announced the promotion of Teren Tan to Head of Emergency Services for the Middle East. This appointment comes as Serco continues to expand its emergency services operations, underpinning its commitment to improve citizen and resident safety, impacting a better future. In his new capacity, Tan will be responsible for overseeing and ensuring the strategic growth and compliance of Serco's full suite of emergency services operations across the Middle East, a team which encompasses more than 200 professionals currently. Top-tier emergency services their responsibilities include delivering top-tier emergency services and resilience training, operational emergency services, as well as both resilience and crisis management advisory services. Tan will also be responsible for advising on global strategic opportunities across the Serco business. Tan brings a wealth of experience to his new position, having joined Serco in 2020 after a 14-year career with the Australian Defence Force in the emergency services domain. There he held several leadership roles, both within Australia and on international assignments, notably in his contribution to the Capability Acquisition and Sustainment Group - Land Systems Division. Tan's move to Serco was driven by his dedication to emergency services, driving substantial improvement initiatives and major acquisition programmes. Five projectsThe creation of Tan's role within Serco marks a significant milestone in the company's successful three-year growth trajectory in emergency services. Serco currently operates emergency services across five projects in Saudi Arabia's giga cities and the UAE and following its establishment of the Middle East division of its International Fire Training Centre (IFTC) in 2021, it continues to deliver ongoing FRS training for multiple international and regional airports in the Middle East. Tan will report into Samantha Rowles, Operations Director - Transport, for Serco Middle East.
Reported Earnings • Mar 01Full year 2023 earnings released: EPS: UK£0.18 (vs UK£0.13 in FY 2022)Full year 2023 results: EPS: UK£0.18 (up from UK£0.13 in FY 2022). Revenue: UK£4.87b (up 7.5% from FY 2022). Net income: UK£202.4m (up 30% from FY 2022). Profit margin: 4.2% (up from 3.4% in FY 2022). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings.
お知らせ • Mar 01Serco Group plc (LSE:SRP) announces an Equity Buyback for £140 million worth of its shares.Serco Group plc (LSE:SRP) announces a share repurchase program. Under the program company will repurchase up to £140 million worth of its shares. The purpose of the program is to return surplus capital to shareholders and aid the Group in meeting its medium-term leverage targets. Any shares repurchased under the program will either be cancelled or held in treasury. The repurchase program will complete by December 31, 2024.
お知らせ • Feb 29+ 1 more updateSerco Group plc Recommends Final Dividend in Respect of the Year Ended 31 December 2023, Payable on 10 May 2024Serco Group plc announced that the board has decided to recommend a final dividend of 2.27 pence per share in respect of the year ended 31 December 2023 (2022:1.92p per share). Ex-dividend date 18 April 2024; Record date 19 April 2024; Final dividend payable 10 May 2024.
お知らせ • Jan 12Serco Group plc to Report Fiscal Year 2025 Results on Mar 05, 2026Serco Group plc announced that they will report fiscal year 2025 results on Mar 05, 2026
お知らせ • Dec 20+ 3 more updatesSerco Group plc to Report Fiscal Year 2024 Results on Feb 27, 2025Serco Group plc announced that they will report fiscal year 2024 results on Feb 27, 2025
お知らせ • Dec 19Serco Group plc to Report Fiscal Year 2023 Results on Feb 09, 2024Serco Group plc announced that they will report fiscal year 2023 results on Feb 09, 2024
お知らせ • Dec 14Serco Group plc (LSE:SRP) agreed to acquire European Homecare Gesellschaft Mit BeschrÄNkter Haftung from Korte-Stiftung for €40 million.Serco Group plc (LSE:SRP) agreed to acquire European Homecare Gesellschaft Mit BeschrÄNkter Haftung from Korte-Stiftung for €40 million on December 14, 2023. Completion of the acquisition is subject to competition authority clearance.
お知らせ • Dec 07Serco Group plc Appoints Lynne Peacock as Non-Executive DirectorSerco Group plc notified that Lynne Peacock, Senior Independent Director, appointed as a Non-Executive Director and Deputy Chair of Royal London with effect from 5 December 2023.
お知らせ • Oct 26Serco Group plc Announces Appointment of Andrew Head as Chief Executive OfficerSerco Group plc announced appointment of Andrew Head as Chief Executive Officer. Andrew is an experienced leader whose background aligns well with Serco, having worked in both the government and private sectors. Most recently he spent 20 years at Transurban. In that period, he oversaw several key businesses, led a number of acquisitions and finished his tenure with five years as WestConnex CEO, where his team successfully delivered Australia's road infrastructure project.
お知らせ • Sep 16Serco Group plc Announces Executive ChangesSerco Group plc announced that Nickesha Graham-Burrell has been appointed as Group Company Secretary with effect from 15 September 2023. David Eveleigh has served as Group General Counsel and Company Secretary and will continue as Group General Counsel with responsibility for the Company Secretariat function alongside his other responsibilities.
Upcoming Dividend • Aug 31Upcoming dividend of UK£0.011 per share at 2.0% yieldEligible shareholders must have bought the stock before 07 September 2023. Payment date: 06 October 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (4.5%).
お知らせ • Aug 04+ 1 more updateSerco Group plc Declares Interim Dividend, Payable on October 06, 2023The Board of Serco Group plc declared an interim dividend of 1.14p per share. The interim dividend will be paid on 6 October 2023, with an ex-dividend date of 7 September 2023 and a record date of 8 September 2023.
New Risk • Aug 04New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 11% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 11% per year for the foreseeable future. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results.
Reported Earnings • Aug 03First half 2023 earnings released: EPS: UK£0.13 (vs UK£0.075 in 1H 2022)First half 2023 results: EPS: UK£0.13 (up from UK£0.075 in 1H 2022). Revenue: UK£2.47b (up 14% from 1H 2022). Net income: UK£147.6m (up 62% from 1H 2022). Profit margin: 6.0% (up from 4.2% in 1H 2022). Revenue is forecast to grow 2.4% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
お知らせ • Jun 29Serco Group plc Provides Revenue Guidance for the Year 2023Serco Group plc provided revenue guidance for the year 2023. For the year, the company expects revenue of at least GBP 4.8 billion.
Upcoming Dividend • May 04Upcoming dividend of UK£0.019 per share at 1.9% yieldEligible shareholders must have bought the stock before 11 May 2023. Payment date: 09 June 2023. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.5%).
Reported Earnings • Mar 01Full year 2022 earnings released: EPS: UK£0.13 (vs UK£0.25 in FY 2021)Full year 2022 results: EPS: UK£0.13 (down from UK£0.25 in FY 2021). Revenue: UK£4.53b (up 2.5% from FY 2021). Net income: UK£155.4m (down 49% from FY 2021). Profit margin: 3.4% (down from 6.9% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Commercial Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
お知らせ • Jan 04+ 1 more updateSerco Group plc Announces Changes to its Chief ExecutiveSerco Group plc announced that Rupert Soames retired from his role as Chief Executive on 31 December 2022 and has been succeeded by Mark Irwin.
Board Change • Jan 02High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. CEO & Director Mark Irwin was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Dec 15Serco Group plc Provides Revenue Guidance for the Full Year of 2022Serco Group plc provided revenue guidance for the full year of 2022. For the year, company now expect reported revenue of £4.5 billion.
お知らせ • Dec 07Serco Group plc to Report First Half, 2023 Results on Aug 03, 2023Serco Group plc announced that they will report first half, 2023 results on Aug 03, 2023
Recent Insider Transactions • Nov 30Group CEO & Executive Director recently sold €3.7m worth of stockOn the 24th of November, Rupert Soames sold around 2m shares on-market at roughly €1.98 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Rupert has been a net seller over the last 12 months, reducing personal holdings by €7.2m.
Recent Insider Transactions • Nov 16Group CEO & Executive Director recently sold €3.5m worth of stockOn the 7th of November, Rupert Soames sold around 2m shares on-market at roughly €1.86 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rupert's only on-market trade for the last 12 months.
Recent Insider Transactions • Nov 10Group CEO & Executive Director recently sold €3.5m worth of stockOn the 7th of November, Rupert Soames sold around 2m shares on-market at roughly €1.86 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Rupert's only on-market trade for the last 12 months.
お知らせ • Sep 28Serco Group plc to Report Fiscal Year 2022 Results on Feb 23, 2023Serco Group plc announced that they will report fiscal year 2022 results on Feb 23, 2023
お知らせ • Sep 12+ 1 more updateSerco Group plc Announces Executive ChangesSerco Group plc announced that Rupert Soames has confirmed to the Board his intention to retire from the Company in September 2023, at which point he will be 64 and will have served Serco for over 9 years. He will step down both from his role as Chief Executive and from the Board at the end of December 2022, and will be succeeded by Mark Irwin, who is currently the CEO of Serco's UK & Europe Division. Mark has been chosen by the Board after a rigorous selection process that involved both internal and external candidates. Mark, 57, joined Serco in 2013, and between 2014 and 2020 successfully ran Serco's Asia-Pacific region, before moving from Australia to lead the UK & Europe Division. Prior to Serco, Mark had leadership roles in several private equity portfolio businesses in the US and China, and also worked for eight years for GE in the US and Australia.
お知らせ • Sep 03Serco Group plc (LSE:SRP) acquired ORS Service AG from Equistone Partners Europe Fund IV managed by Equistone Partners Europe for CHF 44 million.Serco Group plc (LSE:SRP) acquired ORS Service AG from Equistone Partners Europe Fund IV managed by Equistone Partners Europe for CHF 44 million on September 1, 2022. In the year ending on December 31, 2021, ORS's revenue was CHF 110 million. KPMG AG, Schweiz, Corporate Finance Division acted as financial advisor and VISCHER AG acted as legal advisor to Equistone. Serco Group plc (LSE:SRP) completed the acquisition of ORS Service AG from Equistone Partners Europe Fund IV managed by Equistone Partners Europe on September 1, 2022.
お知らせ • Sep 02Serco Group plc (LSE:SRP) agreed to acquire OX Holding AG from Equistone Partners Europe for CHF 44 million.Serco Group plc (LSE:SRP) agreed to acquire OX Holding AG from Equistone Partners Europe for CHF 44 million on September 1, 2022.
Reported Earnings • Aug 05First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down UK£235.1m from profit in 1H 2021). Profit margin: (down from 11% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to stay flat compared to a 6.4% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 13Serco Appoints Tom Watson as New CEO in North AmericaSerco announces the appointment of Tom Watson as Chief Executive Officer (CEO) of Serco's North American division, which employs more than 9,000 people and delivers a wide range of services to the U.S. and Canadian governments. He will succeed Dave Dacquino, who will be retiring from his full-time executive role in September and will continue to serve as non-executive Chair of the company's Board of Directors in North America. Tom Watson joined Serco in April 2018 and steps into the CEO role from his position as Senior Vice President responsible for Serco's North America Defense business. He brings over 25 years of experience in providing services to the U.S. Federal Government. Prior to joining Serco, he served as Senior Vice President and General Manager of SAIC's Navy and Marine Corps Customer Group. Before joining SAIC in 1996, Watson worked at RCI (which was subsequently acquired by Serco) providing technical and engineering support for U.S. Navy intelligence systems. His career also includes six years active duty in the U.S. Navy as an electronics technician; he holds an MBA from University of Maryland and a BS in Information Technology from National University.
Recent Insider Transactions • Jun 13Group Chief Operating Officer recently sold €242k worth of stockOn the 7th of June, Anthony Kirby sold around 115k shares on-market at roughly €2.11 per share. This was the largest sale by an insider in the last 3 months. This was Anthony's only on-market trade for the last 12 months.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improved over the past weekAfter last week's 15% share price gain to €2.06, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 13x in the Commercial Services industry in Germany. Total returns to shareholders of 45% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.72 per share.
お知らせ • May 27Serco Group plc Provides Revenue Guidance for the Full Year of 2022Serco Group plc provided revenue guidance for the full year of 2022. For the year, company now expect reported revenue of £4.3 billion - £4.4 billion.
Upcoming Dividend • May 05Upcoming dividend of UK£0.016 per shareEligible shareholders must have bought the stock before 12 May 2022. Payment date: 07 June 2022. Payout ratio is a comfortable 9.7% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.1%). Lower than average of industry peers (2.8%).
お知らせ • Mar 23Serco Group plc, Annual General Meeting, Apr 28, 2022Serco Group plc, Annual General Meeting, Apr 28, 2022, at 10:00 Coordinated Universal Time. Location: Enterprise House, 11 Bartley Wood Business Park, Bartley Way Hook Hampshire United Kingdom
Reported Earnings • Mar 02Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: UK£0.25 (up from UK£0.11 in FY 2020). Revenue: UK£4.42b (up 14% from FY 2020). Net income: UK£303.9m (up 127% from FY 2020). Profit margin: 6.9% (up from 3.4% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 5.4% compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Feb 24+ 1 more updateSerco Group plc Recommends Final Dividend, Payable on June 7, 2022The Board of Serco Group plc recommending a final dividend of 1.61 pence, 15% higher than the prior year. Following the interim dividend of 0.8 pence, this results in a full year dividend of 2.41 pence, an increase of 72% compared to 2020. Ex-dividend date is May12, 2022. Record date is May 13, 2022. Final dividend will be payable on June 7, 2022.
お知らせ • Dec 03+ 1 more updateSerco Group plc Reiterates Earnings Guidance for the Year 2021Serco Group plc reiterated earnings guidance for the year 2021. The company announced that the business has performed extremely well in 2021, and the company reiterates full year guidance stated on 15 November, which means the company expects to deliver revenue of £4.4 billion, growth of around 13%.
Reported Earnings • Aug 06First half 2021 earnings released: EPS UK£0.19 (vs UK£0.057 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: UK£2.17b (up 19% from 1H 2020). Net income: UK£235.1m (up 234% from 1H 2020). Profit margin: 11% (up from 3.9% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 01Serco Group plc Provides Revenue Guidance for the First Half, Second Half and Full Year of 2021Serco Group plc provided revenue guidance for the first half, second half and full year of 2021. For the first half, The company expects revenue of around £2.2 billion in the first half of 2021, 19% higher than the £1.8 billion reported in the first half of 2020. For the second half of 2021, The company expects revenue to show growth in the second half versus the same period in 2020. For the year 2021, the company now expects revenue of £4.3 billion from previous guidance of £4.3 billion.
Upcoming Dividend • May 06Upcoming dividend of UK£0.014 per shareEligible shareholders must have bought the stock before 13 May 2021. Payment date: 04 June 2021. Trailing yield: 1.0%. Lower than top quartile of German dividend payers (3.1%). Lower than average of industry peers (3.5%).
Executive Departure • May 04Group CFO & Executive Director has left the companyOn the 21st of April, Angus Cockburn's tenure as Group CFO & Executive Director ended after 6.5 years in the role. As of December 2020, Angus personally held 1.90m shares (€2.5m worth at the time). A total of 3 executives have left over the last 12 months.
お知らせ • Apr 27+ 1 more updateSerco Group plc Revises Financial Guidance for the Year 2021Serco Group plc revised financial guidance for the year 2021. For the year, the company now expects revenue £4.3 billion compared to previous guidance of £4.2 billion and organic sales growth to be 4% compared to previous guidance of 4%.
Executive Departure • Apr 27Independent Chairman of the Board Roy Gardner has left the companyOn the 21st of April, Roy Gardner's tenure as Independent Chairman of the Board ended after 5.9 years in the role. As of December 2020, Roy personally held 225.00k shares (€301k worth at the time). A total of 3 executives have left over the last 12 months.
Executive Departure • Apr 24Group CFO & Executive Director has left the companyOn the 22nd of April, Angus Cockburn's tenure as Group CFO & Executive Director ended after 6.5 years in the role. As of December 2020, Angus personally held 1.90m shares (€2.5m worth at the time). A total of 2 executives have left over the last 12 months.
お知らせ • Mar 19Serco Group plc, Annual General Meeting, Apr 21, 2021Serco Group plc, Annual General Meeting, Apr 21, 2021, at 14:00 Coordinated Universal Time. Location: Enterprise House, 11 Bartley Wood Business Park, Bartley Way Hook Hampshire United Kingdom Agenda: To receive the annual report and accounts for the year ended 31 December 2020; to approve the directors' remuneration report for the year ended 31 December 2020 as set out on pages 105 to 133 (save for the directors' remuneration policy) of the annual report and accounts; to approve the directors' remuneration policy set out on pages 112 to 118 of the annual report and accounts; to declare a final dividend of 1.4 pence per ordinary share for the financial year ended 31 December 2020; to consider election and re-election of directors; to consider appointment and remuneration of auditor; and to consider other matters.
お知らせ • Mar 11Serco Group plc to Report Fiscal Year 2020 Final Results on Mar 10, 2021Serco Group plc announced that they will report fiscal year 2020 final results on Mar 10, 2021
Reported Earnings • Feb 26Full year 2020 earnings released: EPS UK£0.11 (vs UK£0.043 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: UK£3.88b (up 20% from FY 2019). Net income: UK£133.8m (up 166% from FY 2019). Profit margin: 3.4% (up from 1.6% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue misses expectationsRevenue missed analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 7.1%, compared to a 10% growth forecast for the Commercial Services industry in Germany.
Is New 90 Day High Low • Feb 26New 90-day high: €1.62The company is up 24% from its price of €1.31 on 27 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Commercial Services industry, which is up 23% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €1.48 per share.
お知らせ • Feb 26+ 1 more updateSerco Group plc Revises Earnings Guidance for the Year 2021Serco Group plc revised earnings guidance for the year 2021. For t he year, the company expects of revenue £4.2 billion compared to initial guidance of £4.1 billion and organic sales growth to be 4% compared to initial guidance of 2%.
お知らせ • Feb 23Serco Group plc to Report First Half, 2021 Results on Aug 05, 2021Serco Group plc announced that they will report first half, 2021 results on Aug 05, 2021
お知らせ • Feb 18Serco Group plc (LSE:SRP) agreed to acquire Whitney, Bradley and Brown, Inc from H.I.G. Capital, LLC for approximately $300 millionSerco Group plc (LSE:SRP) agreed to acquire Whitney, Bradley and Brown, Inc("WBB") from H.I.G. Capital, LLC for approximately $300 million on February 16, 2021. The consideration will be paid in cash funded through existing debt facilities. The WBB's team will join Serco. The transaction is subject to regulatory approvals. The transaction is expected to complete in the second quarter of 2021. The acquisition will be immediately accretive to Serco's margins and earnings per share. In 2020, Whitney, Bradley and Brown, Inc generated revenue of $212 million, and its EBITDA was $29 million.
お知らせ • Jan 13Serco Group plc Announces Changes to Its BoardSerco Group plc announced that Tim Lodge has been appointed as a Non-Executive Director of Serco and a member of the Group Audit, Group Risk and Remuneration Committees with effect from 21 February 2021. He will replace John Rishton as chair of the Audit Committee when John Rishton succeeds Sir Roy Gardner as chair of the company on 21 April 2021.
お知らせ • Dec 18Serco Group plc announces Executive ChangesSerco Group plc ('Serco' or 'the Group') announced that, having served 21 years as a public-company CFO, six of them at Serco, Angus Cockburn, Group Chief Financial Officer, has informed the Board of his wish to retire from full-time executive life, and focus on further developing his non-executive portfolio. It has therefore been agreed that Angus will step down from the Board at the AGM in April 2021 and will be succeeded as Group Chief Financial Officer by Nigel Crossley, currently Group Director of Finance, who will join the Board on the same date. Nigel has worked for Serco since 2014 and he has been at the centre of the transformation of Serco and supported Angus in restoring the reputation and financial stability of the Group. Prior to joining Serco, Nigel held senior finance roles at EMI, RHM plc and Procter & Gamble.