Support services company Serco Group (LON:SRP) says it has continued to perform strongly in the first half and is on track to deliver on its financial guidance for 2010. In its interim management statement, the group says it entered 2010 with a record order book of £17.1bn and significant opportunities of £28bn across the UK and internationally. Shares in the group edged down by 0.8% to 611p in early trading.

So far this year it has signed contracts with a total value of about £1bn. It noted that expanding the scope and scale of existing and renewed contracts and winning smaller and medium-sized contracts both were both continuing to play an important role in its growth. Notable contract wins so far in the half year include, in the UK, contracts to support the RAF at its bases at Halton and High Wycombe and to manage and operate the Emergency Planning College. In the US, contracts won have included an air traffic control contract for the FAA, a transportation system contract with the Georgia Department of Transportation, and our appointment to a large US Army HR solutions indefinite delivery, indefinite quantity (IDIQ) contract. Serco was also appointed in the Middle East for an operations and maintenance consultancy contract for the new Makkah Metro in Saudi Arabia.

Christopher Hyman, Serco’s chief executive, said: “Our breadth and depth of skills, coupled with our extensive and long-standing relationships, mean we are well placed to help governments and commercial organisations around the world improve the quality, productivity and efficiency of their essential services. Our substantial order book and pipeline of opportunities mean that we remain confident about our long-term prospects.”

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