Public sector staffing specialist The Capita Group has recorded “robust results”, according to its preliminary results for the year ended 31 December 2010.

The group’s results reveal:

*excludes items which the group treats as non-underlying, which are: intangible amortisation, acquisition expenses, business disposals and non-cash mark to market gains or losses on financial instruments.

Paul Pindar, chief executive of Capita Group, says: “Capita delivered a good performance in 2010, with the majority of businesses across the Group producing robust results against a challenging background. A focus on optimising our operational infrastructure and on growing our offshore operation ensured that we continued to increase margins.

“In 2010, we faced a slowdown in decisions on major outsourcing contracts, lower additional spend by existing clients and reduced activity in some of our transactional trading operations due to constraints on public spending. Notwithstanding these challenges, Capita is positioned strongly for securing

new business in 2011.

“We enter 2011 with a record bid pipeline, increasing activity across the public and private sectors and some encouraging new contract wins. The need for our public sector clients to achieve substantial cost savings and for private sector clients to increase their efficiency to remain competitive offers significant opportunities for the group going forward.

“Capita’s pipeline of sales prospects, strong forward visibility of revenues from our long-term contracts and consistent operational performance position us well for further progress in 2011 and thereafter.”