Home / Tag Archives: losses

Tag Archives: losses

Serco continues on long road to recovery

In its full year results 2016 Serco has announced revenues of £3,048 million, a 13 per cent decline on 2015 (£3,514.6 million). The support services group says the figure comprises an 11 per cent organic decline from net contract attrition and ...

Read More »

Serco sees profits plunge by 59%

Poor trading in the first half of the year has seen Serco’s profits plunge by 59 per cent. A direct result of the company failing to secure new work, falling margins, restructuring costs and loss making contracts. Operating profit dropped to £50.7 ...

Read More »