Serco Group has released first Half-Year results for 2025, highlighting strong revenue, continued momentum and a new £50 million share buyback.
Highlights from the first half:
High weighting of awards to defence sector.-item wp:list-item
Continued momentum underpins confident outlook:
MT&S acquisition adds scale and capability; well positioned for growth with rising national defence budgets and long-term global spending commitments.-item wp:list-item
First-half weighting of profit as previously disclosed. -item
Commenting on today’s update, Anthony Kirby, Serco Group Chief Executive, says:
“We have delivered a strong performance in the first half, thanks to the hard work of our dedicated people, underpinning confidence in full-year guidance.
Revenue growth, profit and cash generation have all been robust, reflecting stronger organic growth, driven primarily by our defence-focused North American business.
“Revenue growth, profit and cash generation have all been robust, reflecting stronger organic growth, driven primarily by our defence-focused North American business.
During the period, order intake of £3.2bn delivered a strong book-to-bill of more than 130%, which is heavily weighted to the defence sector.
“I am pleased that this performance and our healthy financial position has enabled the launch of a new £50m share buyback.
“Looking ahead, the depth of our portfolio, strong order book and growing pipeline, give me confidence that we will continue to build on this momentum.
Around the world, the challenges governments face are becoming ever more complex and acute, driving demand for our services, where we are well placed in growing markets.”
