Friday 16th November, 2012
Outsourcing group Serco has moved to the top of the leader board after a series of new contract wins amounting to £1.4bn since the end of June, reassured investors. Shares climbed up 2.7 percent after the company said it expected to meet year end predictions.
Worries remain however surrounding difficult US market conditions.
"The negative remains the challenging US markets, where Serco is heavily exposed to defence spending and the market overall remains very difficult due to the continued uncertainty around budgets and the threat of sequestration," said Mike Murphy at Numis.








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