(Reuters) – Processor Serco Group (LON 🙂 forecasted a more than 50% increase in its profits in the first half of the year on Wednesday, supported mainly by its COVID-19 services for the UK government, although it warned that revenues from those services would decline in the second semester.
The company, which provides services to hospitals, prisons and nuclear facilities in more than 20 countries, expects underlying business profit to be between Â£ 120m and Â£ 125m (173.05m dollars) for the first six months of the year.
($ 1 = 0.7223 pounds)
Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.