Serco Group

Serco Group plc provides public services across the United Kingdom, Europe, North America, Asia Pacific, and the Middle East. Its offerings include service design and advisory, resourcing, programme management, systems integration, case management, engineering, and assets and facilities management. The company also supplies administrative and back office services, asylum seeker accommodation or passenger transport services, and supports customers in their decarbonization journeys. It serves the UK and Canadian governments, devolved authorities, and other public sector customers, as well as federal and civilian agencies and various state and municipal governments in citizen services, defense, health and other facilities management, justice and immigration, and transport sectors. Founded in 1929, Serco Group plc is based in Hook, the United Kingdom.

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Serco Group H1 underlying profit rises 6%, backs FY26 outlook; North America CEO to resign

Serco Group reported higher underlying operating profit and revenues for the first half of fiscal 2026 and maintained its positive outlook for the full year. Underlying operating profit is expected to be around 155 million pounds, up approximately 6 percent year-on-year, while revenue is projected at around 2.5 billion pounds, around 3 percent higher than 2025. The company also announced that Michael LaRouche, CEO of its North America division, intends to leave to take up a CEO role at an international business with a US listing, with a successor search well underway. Full-year guidance for underlying operating profit remains unchanged at around 300 million pounds, around 10 percent higher than last year's 272 million pounds, with revenue still projected at around 5 billion pounds and organic growth of around 3 percent.

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