25 February 2021 - final results

Final results for the year to 31 December 2020 have been released by Serco Group.  These demonstrated a strong year but more importantly guidance for 2021 has been increased and this is very welcome news for shareholders.  In the year ended 31 December 2020 revenue was 20% higher at £3,885m (2019: £3,248m) and Underlying Trading Profit was up 36% to £163.1m (2019: £120.2m).  Underlying earnings per share jumped from 6.16p to 8.43p on a diluted basis and a dividend of 1.4p per share was declared.  This is significant . . .

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