Half Year Results 

Serco finally manages organic growth

Serco finally manages organic growth

Driven by strong performances in the Americas and Asia Pacific, Serco's (SRP) revenue rose by 6.5 per cent at constant currencies in the six months to 30 June. Crucially organic growth made up the lion's share of that figure at a rate of 4.2 per cent, marking the first time the group has reported organic expansion since 2013. That rate is expected to accelerate to around 5 per cent in 2020 as a number of large contracts become operational.

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