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Outsourcing delivers big growth
publication date: Mar 2, 2008
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author/source: Ed Tranham
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  Serco and Capita both delivered strong revenue growth in 2007. At Serco, revenues increased 10.3% to £2.811bn with adjusted profit before tax increasing 17.3% to £123.2m. 2007 revenues at Capita were up an above-consensus of 19% to £2.073bn, as were profits before tax at £238.4m. Capita expects the outsourcing market – of which it has a 22% share – to grow at 10% over the next three years. |