Fine holds back Serco profits

By Martin Ford | 01 August 2019

A £20m fine has hit otherwise strong results by Serco in the first half of 2019.

Revenue rose to £1.48bn compared to £1.37bn last year, but reported pre-tax profits were £6.7m - down from £25.6m in the same period in 2018.

Want full article access?


Receive The MJ magazine each week and gain access to all the content on this website with a subscription.

Full website content includes additional, exclusive commentary and analysis on the issues affecting local government.

`

Already a subscriber? Login

Business Finance Outsourcing
Top