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BUZZ-Serco: best day on record after 'reassuringly dull' results

Reuters - UK Focus

** Serco rises 13.8 pct after reporting FY results, reiterating FY guidance for 2016

** Says revenues to fall to £3.5 bln from £4 bln, in line with expectations

** Traders say stock rallying on relief that the outsourcer, which has been beset by problems with its contracts, has not warned on profits again

** Liberum says results "reassuringly dull", says growth in order book to £6.5 bln to £5 bln is encouraging

** Stock down 85 pct since July 2013

** Best day on record for the stock, top riser on FTSE 250

(RM (LSE: RM.L - news) : alasdair.pal.thomsonreuters.com@reuters.net)