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Serco's plans see rise in trading profit

Serco’s plans to turn its business around have survived ‘first contact with the enemy,’ but profits are still set to slide, according to chief executive, Rupert Soames.

By Jamie Hailstone | 01 March 2016

Serco's plans to turn its business around have survived ‘first contact with the enemy,' but profits are still set to slide, according to chief executive, Rupert Soames.

The troubled outsourcing firm has announced a reported trading profit of £137.6m last year, compared to a £632.1m loss in 2014.

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Popular articles by Jamie Hailstone

  1. Are STPs delivering the change agenda?
  2. It's all about relationships
  3. Turning challenges into opportunities
  4. Frugal authorities may be left exposed to more cuts
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