BUSINESS

Fine holds back Serco profits

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

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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.

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Martin Ford

Popular articles by Martin Ford

  1. Councils support people fleeing Lebanon
  2. Councils in cohesion cash plea
  3. Council issues formal complaint over public interest report
  4. Councils call on Government to 'back up its rhetoric' on devolution
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