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Serco
Serco

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policy makers, design innovative solutions, integrate services and systems and deliver to the public

Preliminary Results December 1999

Date : 02 March 2000

  • Turnover* up 17.4% to £807.5m (1998 - £687.8m)
  • Profit before tax (pre FRS 10) up 18.8% to £31.4m (1998 - £26.4m)
  • Earnings per share (pre FRS 10) up 17.8% to 33.8p (1998 – 28.7p)
  • Dividend per share up 15.5% to 8.55p per ordinary share (1998 – 7.4p)
    * Including joint ventures

Richard White, Executive Chairman, stated:
“With our global reach and ability to handle operations on the scale of the UK’s Atomic Weapons Establishment, we are a highly credible contender for very large challenges such as the UK’s National Air Traffic Services Public Private Partnership and the many large Private Finance Initiatives currently under discussion. These large opportunities are not confined to the UK: they exist in Asia Pacific and North America. Looking further ahead, we are also seeking opportunities in Japan in association with the Itochu Corporation. Meanwhile, we should not lose sight of the continuing strong growth in our traditional business, across all our regional markets. It is this underlying strength that makes us confident of delivering continued progress in 2000 and beyond.”

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Last Updated: 20 July 2008