Serco Group plc (SRP.L, SRP LN)

  • 2016.8
  • 1199.8
  • 96.0

    Closing Price (p): 168.1

  • RATING 01/04/21


Company Profile

Generically, Serco plc is termed a "Facilities Management" company, but this belies a very diverse selection of c.550 large contracts, which range from prison management, defence installations and immigration to refuse collection and cleaning. Following a strong period of very high growth in the 1990s and 2000s, the group had a far more torrid time through the 2010s – suffering from poor deals and high levels of debt. New management has turned this around over recent years, and the business is now producing stronger levels of free cashflow and is much more on the front foot with regard to in-fill deals in areas it knows well.

Major Shareholders%
FIL Investment Advisors (UK) Ltd.5.9
Slater Investments Ltd.5.1
Liontrust Portfolio Mgt. Ltd.4.9
Marathon Asset Management Ltd.4.9
BlackRock Invest. Mgt (UK) Ltd.4.6