Share Prices & Company Research

Stockbroking

Serco Group

Current Price 181.70p Bid 181.60p Ask 181.80p Change 0.11%
Last Updated: 26/04/2024 11:14. Prices delayed by at least 15 minutes.
Call 0113 243 6941 or search for your local office

Company Overview

Global service company Serco manages research laboratories, local education authorities, leisure centres and prisons. Our purpose is to be a trusted partner of governments, delivering superb services that transform outcomes and make a positive difference to our fellow citizens.

Financial Highlights Year Ended 31/12/2023

Revenue
£4,873.80m
Operating Profit/Loss
£225.00m
Dividend yield (%)
2.10
Total dividend for year
n/ap
Dividend cover
4.58
P/E Ratio
10.40

Key Personnel

Mr Mark Irwin
Chief Executive Officer
Mr Nigel Crossley
Group CFO
Mr Dame Sue Owen
Non-Executive Director
Mr Ian El-Mokadem
Non-Executive Director
Mr Kru Desai
Non-Executive Director
Mr Tim Lodge
Non-Executive Director
Ms Kirsty Bashforth
Non-Executive Director
Ms Lynne Peacock
Non-Executive Director
Mr John Rishton
Senior Independent Director

Stock Details

EPIC
SRPL
ISIN
GB0007973794
Shares in Issue
1,098.56m
Market cap
£1,996.08m

Analyst Views (1)

Strong Buy
 
0%
Buy
 
100.00%
Hold
 
0%
Sell
 
0%
Strong Sell
 
0%
This information is provided by Web Financial Group (UK) Limited. It is subject to change without notice and doesn't reflect the views held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
181.70p
Bid Price
181.60p
Ask Price
181.80p
Volume
56,047
Change Today
0.20p
% Change Today
0.11%
Open
180.55p
Previous Close
181.50p
Intraday High
182.60p
Intraday Low
180.55p
52 Week High
190.50p
52 Week Low
136.85p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Income Statement

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Continuing Operations
Revenue
4,873.80
4,534.00
Operating Profit/Loss
225.00
205.20
Net Interest
-20.40
-20.40
Pre-Tax Profit
247.00
196.80
Profit After Tax from continuing operations
202.40
155.00
Discontinued Operations
Profit After Tax
n/a
n/a
Profit/Loss for the Year
202.40
155.00
Attributable to:
Equity Holders of Parent Company
202.40
155.40
Minority Interests
n/a
-0.40
Total Dividend Paid
n/ap
n/ap
Retained Profit/(Loss) for the Financial Year
n/a
n/a

Earnings per Share

Year End Date
31 Dec 2023
31 Dec 2022
Basic
18.23p
13.03p
Diluted
17.93p
12.79p
Adjusted
15.61p
14.18p
Dividend per Share
n/ap
n/ap

Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Non-Current Assets
Property, Plant & Equipment
485.20
482.30
Intangible Assets
1,022.30
1,103.00
Investment Properties
n/a
n/a
Investments
32.10
23.30
Other Financial Assets
n/a
n/a
Other Non-Current Assets
287.90
327.60
Current Assets
Inventories
24.10
22.40
Trade & Other Receivables
329.00
374.60
Cash at Bank & In Hand
94.40
57.20
Current Asset Investments
n/a
n/a
Other Current Assets
335.30
359.80
Other Assets
n/a
n/a
Total Assets
2,610.30
2,750.20

Liabilities

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Current Liabilities
Borrowings
191.00
188.90
Other Current Liabilities
706.80
835.30
Total Current Liabilities
897.80
1,024.20
Non-Current Liabilities
Borrowings
468.90
520.00
Provisions
128.30
127.30
Other Non-Current Liabilities
81.60
49.00
Total Non-Current Liabilities
678.80
696.30
Other Liabilities
n/a
n/a
Total Liabilities
1,576.60
1,720.50

Net Assets

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Net Assets
1,033.70
1,029.70

Capital & Reserves

Year End Date
31 Dec 2023
31 Dec 2022
 
£ (M)
£ (M)
Share Capital
22.10
24.40
Share Premium Account
463.10
463.10
Other Reserves
-110.30
-129.90
Retained Earnings
659.10
670.60
Shareholders Funds
1,034.00
1,028.20
Minority Interests/Other Equity
-0.30
1.50
Total Equity
1,033.70
1,029.70

Dividend History

Type
Ex-Dividend Date
Payment Date
Payment
Final
18 Apr 2024
10 May 2024
2.27p
Interim
07 Sep 2023
06 Oct 2023
1.14p
Final
11 May 2023
09 Jun 2023
1.92p
Interim
08 Sep 2022
06 Oct 2022
0.94p
Final
12 May 2022
07 Jun 2022
1.61p
1st Interim
16 Sep 2021
12 Oct 2021
0.80p
Final
13 May 2021
04 Jun 2021
1.40p

Dividend Metrics

Year End Date
31 Dec 2023
31 Dec 2022
Dividend growth
19.23%
18.67%
Dividend yield
2.10%
1.80%
Dividend cover
4.58
4.96


Cboe Global Markets® is a registered trade mark of Cboe Global Markets, Inc., a company incorporated in the United States of America with registered address at 400 South LaSalle Street, Chicago, IL 60605, USA. Cboe shall own any and all rights including without limitation Intellectual Property rights and any and all goodwill arising directly or indirectly out of the Recipient’s use of the “Cboe Global Markets®”, “Cboe®” and “Bats®”” trademarks. Neither Cboe nor its licensors accept any liability for any errors or omissions in the Cboe Europe Indices or underlying data. No further distribution of Cboe Europe data is permitted without Cboe’s express written consent.

The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.