India, June 25 -- Serco Group plc (SCGPY,SRP.L), a provider of critical government services, reported Thursday higher underlying operating profit and revenues for the first half of fiscal 2026. Further, the firm maintained positive outlook for fiscal 2026.
In addition, the company announced that Michael LaRouche, CEO of Serco's North America division, has informed of his intention to leave the firm to take up a CEO role at an international business with a US listing.
LaRouche will remain with Serco to ensure an orderly transition. A process to appoint his successor is well underway.
In its trading update, the company said underlying operating profit is expected to be around 155 million pounds in the first half, up approximately 6 percent...