Serco positive on 2012 after £4bn contract wins The British group said on Monday it expected first-half revenue growth to be around 6pc, almost entirely from last year's acquisitions, with good second-half organic growth helping to boost a strong earnings performance for 2012. Serco has won a number of British deals in 2012 such as training services for the Royal Air Force and Navy, and back office and community health services in the NHS, leading the group to a more upbeat outlook on a UK market that has suffered from budgetary delays and austerity measures. Further contracts to run prisons, local authority and health related services are expected to come to market this year. The FTSE 100 firm, which runs services from London's light rail to prisons and air traffic control centres around the world, said US federal market conditions had not improved leaving a tough outlook for its Americas division. "The start of the year has been pleasing," Serco chief executive Christopher Hyman said in a statement. 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. According to a Reuters poll, analyst consensus for 2012 pre-tax profit is 275.84m. In February Serco said it had identified £30bn of opportunities across the group, with more than a quarter coming from its AMEAA region, where the firm is targeting expansion. Shares in Serco, which in February posted a 13.4pc rise in pre-tax profit for 2011 to £262.2m, closed at 550.5p on Friday, valuing the business at around £2.7bn.