Serco Faces Sharp Profit Drop Amid Challenges 📉

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.

Financial Times16 views2:52

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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.

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16

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Duration
2:52

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Published
Mar 8, 2019

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