Capita (CPI: LSE) the provider of business process outsourcing solutions and professional support services announced revenue for the six months ending 30 June 2015 of £2.3 billion, an increase of 10% in constant currency compared with £2.1 billion last year.

The company did not disclose gross profit for the period. However, operating profit for H1 2015 rose by 11% to £288.8 million, from £260.2 million in H1 2014.

The company has not provided any detail with regards to its staffing businesses, but Staffing Industry Analysts’ estimated that Capita’s Resourcing division represented just over 6% of the company’s total revenue in 2013.

Among its numerous business lines, the company provides a number of HR and recruitment services, including staffing in education, IT, social care, medical, executive, and interim recruitment, as well as managed services.

In the same statement, Capita management indicated the group benefits from a strong pipeline of contract wins and extensions, including milestone contracts and frameworks in Health and Science.

Andy Parker, Chief Executive of Capita plc, commented: “Capita has had a productive first half year, announcing significant contract wins in the health and science sectors and our largest ever acquisition, avocis in Northern Europe, all of which will contribute substantially to growth going forward. We continue to expect to deliver low double digit revenue growth in 2015, with a slight increase in organic growth in the second half of the year, following the delayed start of some new contracts. We expect organic growth to accelerate in 2016, supported by the conversion of our bid pipeline."   

“We continued to make acquisitions in the first half of 2015 to build capability in existing markets, enter new markets and enhance our future organic growth potential. We invested a total of £279m, excluding deferred and contingent considerations, in acquiring 11 businesses in the period, including avocis, which provides a key platform for Capita Europe, and Vertex Mortgage Services, the completion of which is subject to approval by the Financial Conduct Authority.”

In trading today, the company’s share price increased by 0.8% to £1,254, an increase of 3.2% compared with a year ago. Based on its current share price, the company has a market value of £8.5 billion.