Serco Group plc

Capital Allocation Day

  • Sectors : Business Support Services
  • Companies : Serco Group plc

Ratings and price correct at time of issue.

  • Serco Group plc

    Closing Price: 135p

  • RATING 01/04/21

  • PREVIOUS RATING N/A

DAVY VIEW

The upcoming Capital Markets Day at Serco (December 2nd) is an excellent platform for management to set out its stall for the next three years. However, while it is useful to reiterate the strengths and medium-term potential of the operations and to contextualise the ESG positioning, we believe management needs to go further and feel this lies in a more strongly articulated capital allocation policy.

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Nov 23 2021, 06:45 GMT

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