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Serco

The Biggest Company You've Never Heard Of


The Guardian
Feb. 24, 2009.

Have you recently travelled on a train in northern England? Or on London's Docklands Light Railway? Or perhaps been caught by a speed camera?

If the answer to any of these questions was yes - or you have spent any time in custody or the armed forces -chances are you have dealt with the support services company Serco. With almost 48,000 people helping to service 600 largely public-sector contracts around the world, Serco is probably the biggest company you've never heard of.

Next Wednesday, the company's ambitious young chief executive, Christopher Rajendran Hyman, is expected to announce a strong set of results with a bumper £13bn order book. In the past six years Serco has doubled its turnover to an estimated £2bn a year and almost trebled its profits to about £100m after benefiting from the switch from public to private sector.

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TheGuardian.co.uk