Business outsourcing and professional services firm Capita has released its interim management statement covering the 10 months to 31 October 2011.

The firm has won 16 new and extended contracts in 2011, worth a total of £1.26bn.

Pending business in Q4 2011, the company expects to have its best ever year in terms of major contract wins, surpassing the £1.89bn won in 2007.

Despite this, the company saw an overall organic revenue decline of 7% in the first half of 2011.

Amongst other deals, the group this year acquired Cedar HR Software, a leading of human resource management software for £15m.