Serco Group PLC (LSE:SRP)
£ 1.85 -0.001 (-0.05%) Market Cap: 1.99 Bil Enterprise Value: 2.55 Bil PE Ratio: 10.28 PB Ratio: 1.95 GF Score: 83/100

Full Year 2019 Serco Group PLC Earnings Call Transcript

Feb 26, 2020 / 09:00AM GMT
Release Date Price: £1.58 (+4.71%)
Rupert C. Soames
Serco Group plc - Group CEO & Director

Good morning, all, and welcome to the Serco Full Year Results Presentation. I just want to introduce Mark Irwin, many of you would've saw -- would have seen him last year, but it's our habit of bringing along a Regional CEO to these events, and it also makes the point that one of the distinguishing features about Serco is our international footprint. And interesting enough, Australia has been -- is almost a proxy for Serco in terms of the journey that it's been on, and it's also had a particularly busy year this last year. So I thought it would be useful for Mark to come along again and give you an update.

So for the results themselves, well, they're pretty as a picture, really, and very strong trading and financial performance. Revenue up 13%, of which 8% was organic, and I think that this move into organic revenue growth really is quite significant. It marks a real change in mood in the company. But that's also been accompanied by record order intake. I mean if you'd ever said to me any time in the last 5 or 6 years that we might have

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