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Serco




Serco was founded in 1929 as a United Kingdom division of the Radio Corporation Of America and initially provided services to the cinema industry. It changed its name to Serco in 1987 and has been a stock exchange listed company since 1988. Serco operates in Continental Europe, the Middle East, the Asia Pacific region and North America, but the majority of its turnover still comes from the UK. Its clients are mainly in the public sector. Its growth has been aided by the trend towards Outsourcing . Its activities include technical support for the British Ministry Of Defence , IT support services, air traffic control and road traffic management systems. It operates London's Docklands Light Railway , the Copenhagen Metro , the Great Southern Railway in Australia and the Manchester Metrolink In the UK.

Serco's joint ventures include:

Serco Group also owns ''Premier Monitoring'', a company involved in offender tagging in the UK .

Serco manages a large section of the Nuclear Safety Industry formerly part of UKAEA and CEGB .

Serco's turnover for the year to was £1,381 million. Profits were £57.3 million before tax and £36.0 million after tax.


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