Serco FY profit up 17 pct, 27 Feb 2008 08:42
Serco FY profit up 17 pct, confident of double digit revenue growth
LONDON (Thomson Financial) - Support services supplier Serco Group PLC unveiled a 17 pct rise in annual profits, in line with analysts' expectations, and said it was confident of double digit revenue growth for the foreseeable future.
Serco, which has contracts in industries ranging from nuclear power generation to railways, said full year adjusted pretax profit had increased to 123.2 mln stg from 105 mln last time on a 10.3 pct rise in revenue to 2.8 bln stg.
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