The Serco Group plc Board has declared an interim dividend of 1.60 pence per share (2025: 1.45 pence per share). The dividend will be paid on 2 October 2026, with an ex-dividend date of 27 August 2026 and a record date of 28 August 2026.
Other financial highlights include:
Profitable growth and disciplined execution in line with expectations
• Revenue: £2.5bn, up 4% at constant currency including 2% organic growth; strong Defence organic growth of 10%.
• Underlying operating profit: £157m, up 9% at constant currency; reported operating profit of £145m, up 10%.
• Underlying operating margin: 6.2%, with revenue mix, productivity improvements and cost discipline supporting 20 basis point improvement.
• Cash flow: free cash flow of £65m (2025: £91m), on track for full year trading cash conversion of at least 80%, in line with our medium-term target.
• Order intake: £2.5bn (2025: £3.2bn) with book-to-bill of 100% (2025: 134%).
• Strong financial position: adjusted net debt £228m, leverage of 0.75x net debt to EBITDA.
