Capita has made “good progress” as it has seen turnover rise in its half year results for the six months to 30 June.

The group’s results reveal:

Half year 2010   Half year 2009    Change

Turnover                                     £1,361m          £1,311m     + 4%

Underlying operating profit*                 £178.4m          £159.6m     + 12%

Underlying profit before tax*                £163.1m          £141.7m     + 15%

* excludes intangible amortisation and acquisition costs of £18.2m (H1 2009: £9.9m), the non-cash impact of mark to market movement on financial instruments of £12.5m charge (H1 2009: £3.0m credit).

Paul Pindar, chief executive of The Capita Group, says: “Capita has made good progress in 2010. We have secured new and renewed major contracts worth £523m in the first six months of the year and the majority of our businesses across the group delivered robust results.

“Capita is well placed to continue its growth and is now enjoying a very healthy flow of new business opportunities. There is buoyant demand for outsourcing across both the private and public sectors, with the most active markets in our strong bid pipeline remaining local government and life and pensions.

“Our pipeline of sales prospects, forward visibility of revenues from our long term contracts and consistent operational performance position us well for further progress in 2010 and thereafter.”