Outlook and guidance
The outlook and our guidance remain unchanged from those set out with the
half-year results announced on 24 August 2011. The outcome for the 2011
financial year is anticipated to be in line with expectations, including good
organic revenue growth and further progress on operating margin. Assuming the
impact of ongoing economic challenges is manageable, our guidance remains that
by the end of 2012 we expect increases in revenue to approximately £5bn and in
Adjusted operating profit margin to approximately 6.3% (excluding material
acquisitions, disposals and currency effects). Strong longer term growth
opportunities remain across the Group.
Serco Interim Management Statement