Serco still not cheap at a third off
Financial Times
2019-03-08
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Serco shares slumped by a third after the support services company announced a profit warning and plans for a £550m rights issue. Lex's Robert Armstrong and Oliver Ralph discuss why Serco is failing and still not cheap even after the share price fall.
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Serco shares slumped by a third after the support services company announced a profit warning and plans for a £550m rights issue. Lex's Robert Armstrong and Oliver Ralph discuss why Serco is failing and still not cheap even after the share price fall.
For more video content from the Financial Times, visit http://www.FT.com/video
Subscribe to the Financial Times on YouTube; http://goo.gl/vUQx5k
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes
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