Serco Group (SRP)

Sector:

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Index:

FTSE 250

273.20p
   
  • Change Today:
      5.40p
  • 52 Week High: 324.80p
  • 52 Week Low: 180.60p
  • Currency: UK Pounds
  • Shares Issued: 990.81m
  • Volume: 7,910,652
  • Market Cap: £2,706.88m
  • RiskGrade: 174

Dividend Data

  31-Dec-2531-Dec-2431-Dec-2331-Dec-2231-Dec-21
Interim Dividend1.45p1.34p1.14p0.94pn/a
Final Dividend3.05p2.82p2.27p1.92pn/a
Total Dividend4.50p4.16p3.41p2.86pn/a
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 4,876.80 4,787.30 4,873.80 4,534.00 4,424.60
Operating Profit/(Loss) 217.50 107.30 242.60 205.20 207.50
Net Interest (44.80) (33.10) (24.60) (20.40) (24.00)
Profit Before Tax 201.50 97.00 247.00 196.80 192.20
Profit After Tax 145.60 44.50 202.40 155.00 303.90
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 145.60 44.50 202.40 155.00 303.90
Attributable to:          
Equity Holders of Parent Company 145.60 44.20 202.40 155.40 303.90
Minority Interests n/a 0.30 n/a (0.40) n/a
           
Continuing EPS          
Earnings per Share - Basic 14.38p 4.17p 18.23p 13.03p 24.86p
Earnings per Share - Diluted 14.07p 4.10p 18.23p 12.79p 24.43p
Earnings per Share - Adjusted 17.31p 16.97p 15.36p 14.18p 12.78p
Continuing and Discontinued EPS          
Earnings per Share - Basic 14.38p 4.17p 18.23p 13.03p 24.86p
Earnings per Share - Diluted 14.07p 4.10p 18.23p 12.79p 24.43p
Earnings per Share - Adjusted 17.31p 16.97p 15.36p 14.18p 12.78p
           
Dividend per Share 4.50p 4.16p 3.41p 2.86p 2.41p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 539.00 571.70 485.20 482.30 472.20
Intangible Assets 1,091.50 927.60 1,022.30 1,103.00 996.70
Investment Properties n/a n/a n/a n/a n/a
Investments 34.10 25.10 n/a 23.30 17.60
Other Financial Assets 208.20 229.80 n/a n/a n/a
Other Non-Current Assets 36.40 41.50 320.00 327.60 396.70
  1,909.20 1,795.70 1,827.50 1,936.20 1,883.20
Current Assets          
Inventories 20.00 24.10 24.10 22.40 19.60
Trade & Other Receivables 330.10 331.50 329.00 374.60 305.70
Cash at Bank & in Hand 199.30 183.00 94.40 57.20 198.40
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 337.40 326.00 335.30 359.80 327.10
  886.80 864.60 782.80 814.00 850.80
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 2,796.00 2,660.30 2,610.30 2,750.20 2,734.00
           
Liabilities          
Current Liabilities          
Borrowings 254.20 244.60 51.00 188.90 191.20
Other Current Liabilities 698.00 746.40 846.80 835.30 686.10
  952.20 991.00 897.80 1,024.20 877.30
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 826.80 433.60 468.90 520.00 616.10
Provisions 116.90 133.50 128.30 127.30 158.30
Other Non-Current Liabilities 26.50 259.70 81.60 49.00 73.90
  970.20 826.80 678.80 696.30 848.30
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,922.40 1,817.80 1,576.60 1,720.50 1,725.60
           
Net Assets 873.60 842.50 1,033.70 1,029.70 1,008.40
           
Capital & Reserves          
Share Capital 20.10 20.50 22.10 24.40 24.40
Share Premium Account 463.10 463.10 463.10 463.10 463.10
Other Reserves (186.60) (165.40) (110.30) (129.90) (23.60)
Retained Earnings 577.00 524.30 659.10 670.60 542.80
Shareholders Funds 873.60 842.50 1,034.00 1,028.20 1,006.70
           
Minority Interests/Other Equity n/a n/a (0.30) 1.50 1.70
Total Equity 873.60 842.50 1,033.70 1,029.70 1,008.40
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 446.70 419.40 393.10 327.20 349.90
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (250.90) (7.40) (5.40) (35.30) (232.30)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (176.00) (322.30) (347.90) (436.80) (250.10)
Net Increase/Decrease In Cash 19.80 89.70 39.80 (144.90) (132.50)
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 16.1 8.9 10.6 11.0 10.5
PEG - Adjusted 8.1 0.9 1.3 1.0 0.4
Earnings per Share Growth - Adjusted 2% 10% 8% 11% 29%
Dividend Cover 3.85 4.08 4.50 4.96 5.30
Revenue per Share 492.20p 452.10p 439.00p 380.31p 361.90p
Pre-Tax Profit per Share 20.34p 9.16p 22.25p 16.51p 15.72p
Operating Margin 4.46% 2.24% 4.98% 4.53% 4.69%
Return on Capital Employed 25.13% 17.91% 41.18% 28.47% 22.12%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 16.1 8.9 10.6 11.0 10.5
PEG - Adjusted 8.1 0.9 1.3 1.0 0.4
Earnings per Share Growth - Adjusted 2% 10% 8% 11% 29%
Dividend Cover 3.85 4.08 4.50 4.96 5.30
           
Dividend Yield 1.6% 2.7% 2.1% 1.8% 1.8%
Dividend per Share Growth 8.17% 21.99% 19.23% 18.67% 72.14%
Operating Cash Flow per Share 45.08p 39.61p 35.41p 27.45p 28.62p
Cash Incr/Decr per Share 2.00p 8.47p 3.58p (12.15p) (10.84p)
Net Asset Value per Share (exc. Intangibles) (21.99p) (8.04p) 1.03p (6.15p) 0.96p
Net Gearing 100.93% 58.78% 41.15% 63.38% 60.48%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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