Serco wins over 3 billion in contracts in the first half of 2012

Serco is set to meet their 2012 targets having won nearly 4 billion in contracts in the first half of the year.

The company is expecting to reach growth of 6 percent in revenue for the first half of the year after strong acquisitions at the end of last year and further growth in 2012.

Large UK contracts with the Royal Air Force, Navy and NHS providing training services and back office services.

In a statement from Serco Chief Executive Christopher Hyman, he said: "The start of the year has been pleasing. For the year as a whole we anticipate that further strong growth in Africa, the Middle East, Asia and Australisia (AMEAA), the improving UK outlook, and the delivery of cost efficiencies will see us meet expectations."