Serco on track to meet 2008 forecasts

Source: Supply Chain Digital

Date :01/07/2008 08:53:58

International service company Serco Group plc said on Monday, June 30, it is on track to deliver on expectations for 2008.

“Our performance remains strong, and our markets continue to offer substantial opportunities, underpinning our revenue and margin guidance,” the company said in a trading update.

The Hampshire-based group also reconfirmed the guidance given in its interim management statement on 13 May when it said it expects to see a 30 basis point increase in adjusted PBT margin for both this year and next.