11th Nov 2013 06:55
LONDON (Alliance News) - Serco PLC, the outsourcing company which runs public services across Britain, including prisons, trains and even the maintenance of atomic weapons, is expected to say on Thursday that it will not meet forecasts for full-year profits, The Sunday Times reports.
Investors had expected Serco to report full-year profits of about GBP326 million this year. Analysts now think it will be about GBP10 million less, with a possible greater impact ? up to GBP40 million ? next year, the paper says.
http://www.thesundaytimes.co.uk/sto/business/Companies/article1338399.ece
By Steve McGrath; [email protected]; @SteveMcGrath1
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