Serco reports its best new business pipeline in over a decade, despite a slight revenue dip in 2024.

Serco, an outsourcing company, reported a strong new business pipeline for 2025, its best in over a decade, despite a 3% drop in organic revenue to £4.8 billion for 2024. Underlying profits are up 9% to £270 million, driven by strong performance in North America. For 2025, Serco expects a slight profit dip to £260 million but remains optimistic about growth from US defense contracts. Shares rose 7.3% on the news.

3 months ago
8 Articles

Further Reading