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Last $1.93 USD
Change Today +0.049 / 2.61%
Volume 971.0
SECCY On Other Exchanges
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

serco group plc-unspon adr (SECCY) Snapshot

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52 Week High
08/5/14 - $4.52
52 Week Low
04/28/15 - $1.55
Market Cap
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serco group plc-unspon adr (SECCY) Details

Serco Group plc provides public services in the United Kingdom, Europe, North America, the Middle East, Australia, New Zealand, and internationally. It offers justice-related operations, immigration, and border security services for defence and home affairs sectors; healthcare services; and transport services. The company also provides environmental and leisure services for local authorities; infrastructure services, such as facilities management; welfare support services; business process outsourcing (BPO) services for local authorities; and various support services for European agencies. In addition, it offers professional, technology, and management services that are focused on defence, transport, and citizen services for the U.S. federal government, Canadian government, and the U.S. state and municipal governments. The company was founded in 1929 and is based in Hook, the United Kingdom.

118,621 Employees
Last Reported Date: 03/12/15
Founded in 1929

serco group plc-unspon adr (SECCY) Top Compensated Officers

Group Chief Executive, Director, Member of No...
Total Annual Compensation: 566.7K GBP
Chief Financial Officer and Director
Total Annual Compensation: 83.3K GBP
Group Chief Operating Officer, Director and M...
Total Annual Compensation: 1.4M GBP
Compensation as of Fiscal Year 2014.

serco group plc-unspon adr (SECCY) Key Developments

Serco Group Is Considering Alternatives For Indian BPO Unit

Serco Group plc is considering options for its Indian BPO unit. "The process related to the potential disposal of our offshore private sector BPO business, the main elements of which are the former Intelenet business, continues. The board is considering a number of alternative options, and a further update will be provided in due course," Rupert Soames, group Chief Executive Officer of Serco Plc said."The alternatives could include running the unit with the current management for some more time if the sale to SPI falls through. Blackstone was just not giving the appropriate value," a Serco executive with knowledge of the discussion said. He added that talks were still on with the private equity players and that no decision had yet been taken.

Serco Group plc Reiterates Earnings Guidance for the First Half Ended June 30, 2015 and for the Year Ending December 31, 2015

Serco Group plc reiterated earnings guidance for the first half ended June 30, 2015 and for the year ending December 31, 2015. For the first half the company expects to report revenue of not less than £1.7 billion (first half of 2014: £2.0 billion). The revenue reduction versus the comparable period was driven by an anticipated organic decline, in particular reflecting the reduced volumes and rates in Australian Immigration Services and the previously disclosed ending of contracts such as the Docklands Light Railway and the National Physical Laboratory in the UK, as well as certain US intelligence agency IT support services and visa processing work. The company anticipates trading profit in the period of not less than £45 million (first half of 2014: £45 million, before restatement of certain financial instruments). Taking account of other non-trading movements, including cash exceptional costs as previously indicated, net debt as at June 30, 2015 is anticipated to be approximately £350 million (December 31, 2014: £682 million). For the year, the company expects revenue likely to be around £3.5 billion, trading profit around £90 million and EBITDA of approximately £160 million. Free cash outflow for the 2015 financial year as a whole is expected to be approximately £150 million.

Serco Group plc to Report First Half, 2015 Sales/Trading Statement Results on Jul 01, 2015

Serco Group plc announced that they will report first half, 2015 sales/trading statement results on Jul 01, 2015


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