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Serco sees double-digit revenue growth

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Date: Tuesday 13 May 2008

LONDON (ShareCast) - Support services group Serco said its increased pipeline of opportunities and strong performance so far in 2008 leaves it confident of delivering double-digit revenue growth for the foreseeable future.

The group also expects to see a 30 basis point increase in adjusted PBT margin for both this year and next.

So far this year, Serco has signed contracts valued at over £1bn, including significant wins in new markets.

“We have a strong balance sheet to support our future growth, and our strengthened capabilities mean that we are increasingly well positioned to support our customers across a broader range of areas and in more complex projects,” said the group.

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