UK's Serco rises on higher interim operating profit
06/08/2026 08:29
BUZZ-UK's Serco rises on higher interim operating profit ** Shares of British outsourcing firm Serco SRP.L up 3.55% at 251.2p; among top gainers on FTSE midcaps .FTMC index, which is up 0.2%
** Co posts H1 underlying operating profit of £157 million ($211.32 million) vs £146 million a year ago
** SRP increases share buyback to £150 million from £75 million for the year
** Co says on track for full-year guidance
** Stock down about 12% YTD while FTMC is up about 10%
($1 = 0.7429 pounds)
(Reporting by Megha Anilkumar Nair in Bengaluru)