Site Search
December 2018 edition

Not a subscriber?
To request a Two-Issue Free Trial email your details to:
The Assignment Report Events

Making a difference - Maximising learning outcomes and improving workflow in schools

14 February 2019, 13.45 to 17.45, Ironmonger's Hall, London

Confirmed panellists include: Steve Burnett, Managing Director, RM Education; Andrea Carr, Founder of Rising Stars; Paul Charman, Managing Director, FFT Education; Richard Marett, CEO, Whizz Education; Amanda Peck, Executive Director Marketing, Professional Group, McGraw-Hill Education; Josh Perry, Director, Assembly; Ian Rowe, Business Development Director, GCSEPod; and, Dan Sandhu, CEO, Sparx.

Paul Howells (CEO, Eteach Group), Julian Drinkall (CEO, AET) and Rupert Barclay (Managing Partner, Cairneagle)

Outsourcing delivers big growth

publication date: Mar 2, 2008
author/source: Ed Tranham
| Next

Serco and Capita both delivered strong revenue growth in 2007. At Serco, revenues increased 10.3% to £2.811bn with adjusted profit before tax increasing 17.3% to £123.2m. 2007 revenues at Capita were up an above-consensus of 19% to £2.073bn, as were profits before tax at £238.4m. Capita expects the outsourcing market – of which it has a 22% share – to grow at 10% over the next three years.

Neither company has published any detailed information on their education businesses. However, we believe that Serco is likely to retain the Education Walsall contract despite tough competition from EduAction – the JV between Nord Anglia Education and Amey.

In one area where both companies face each other, School MIS, Serco’s Facility product continues to make slow progress in gaining new adoptions from local authorities and schools as Capita works hard to retain its dominance of this market segment. We believe that Facility has around 700 school installations in the UK.

Copyright Meissa Limited 2005-2018