Serco Faces Sharp Profit Drop Amid Challenges πŸ“‰

Serco's shares fell as the company warned that profits could nearly halve next year, highlighting ongoing business uncertainties. Learn more about the impact on investors and the company's outlook.

Serco Faces Sharp Profit Drop Amid Challenges πŸ“‰
Financial Times
16 views β€’ Mar 8, 2019
Serco Faces Sharp Profit Drop Amid Challenges πŸ“‰

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β–Ί Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />Serco's shares slid after it warned that profits will almost halve next year due to the disposals and the loss of key government contracts. Lex's Robert Armstrong and Giles Wilkes discuss why the outsourcing company is refocusing on the public sector and its growth potential.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes

Video Information

Views

16

Duration

2:52

Published

Mar 8, 2019

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