|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's range||1.8000 - 1.8000|
|52-week range||1.6500 - 2.0900|
|Beta (5Y monthly)||0.28|
|PE ratio (TTM)||5.62|
|Forward dividend & yield||0.03 (1.70%)|
|Ex-dividend date||16 Sep 2021|
|1y target est||N/A|
Ethical investors are making it harder to defend and police Britain by stopping companies from working on contracts vital to national security, the chief executive of Serco has warned.
The company, which provides services in hospitals, prisons and nuclear facilities in more than 20 countries, however said that a strong order intake in 2021 would help cushion that blow. Introducing 2022 outlook for the first time ahead of its capital markets event, Serco forecast revenue to be in the range of 4.1 billion to 4.2 billion pounds ($5.58 billion) in 2022, about 6% lower than 2021 forecast. Serco, which employs more than 60,000 people worldwide, also said that the increase in payroll tax in the UK, known as National Insurance, would cost it around 5 million pounds on an annualised basis.
Serco expects bigger profits thanks to Covid test-and-trace work. Outsourcing company also provides border control and immigration services in the UK