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United States

Serco Group PLC (SRP.L)

SRP.L on London Stock Exchange

94.55GBp
11:53am EDT
Change (% chg)

-0.65 (-0.68%)
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Thu, Feb 22 2018

UPDATE 2-Serco rallies on signs it can withstand bumpy UK outsourcing road

* Focus on margin growth amid tough revenue outlook for sector (Adds details, quotes, background on outsourcing)

Serco meets forecasts and reiterates outlook despite "bumpy road" ahead

EDINBURGH, Feb 22 British outsourcer Serco reported 2017 profit in line with its recently-upgraded forecast and reiterated its expectations for 2018, expressing confidence in a sector hit by the collapse of rival Carillion.

BRIEF-Serco Says Pamela Drew Appointed To Board Of U.S. Business​

* SERCO INC, SUBSIDIARY OF SERCO GROUP PLC, ANNOUNCED THAT PAMELA DREW HAS BEEN APPOINTED TO BOARD OF ITS U.S. BUSINESS​ Source text for Eikon: Further company coverage:

BRIEF-Serco Group Updates On Health Facilities Acquisition​

* ‍REVISED BUSINESS PURCHASE AGREEMENT SIGNED WITH SPECIAL MANAGERS, PROVISIONAL LIQUIDATORS ACTING ON BEHALF OF RELEVANT CARILLION SUBSIDIARIES​

BRIEF-Serco Awarded $600 Million Single-Award ID/IQ Contract to Support Disaster Recovery

* AWARDED A POSITION ON FEDERAL EMERGENCY MANAGEMENT AGENCY (FEMA) PUBLIC ASSISTANCE TECHNICAL ASSISTANCE CONTRACT (PA TAC) IV

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