The Serco Group plc Board has declared an interim dividend of 1.45 pence per share. The dividend will be paid on 3 October 2025, with an ex-dividend date of 28 August 2025 and a record date of 29 August 2025.
Other financial highlights include:
• Revenue: £2.4bn, up 5% at constant currency, organic growth of 3% for the Group, 9% in North America.
• Underlying operating profit: £146m, up 2%; reported operating profit of £132m also 2% higher.
• Underlying operating margin: strong at 6.0% including 10.6% in North America.
• Underlying earnings per share: increased 12% to 9.60p.
• Order intake: very strong at £3.2bn; book-to-bill over 130% with continued good contract win rates. High weighting of awards to defence sector.
• Cash flow: healthy free cash flow of £91m, good trading cash conversion of 84%.
• MT&S acquisition completed: integration progressing as planned.
• Strong financial position: adjusted net debt £259m, leverage of 0.9x net debt to EBITDA.
