Outsourcing services firm Capita - which employs about 2,000 people in the Midlands - is confident of a successful full-year performance as it met forecasts with an 18 per cent rise in underlying firsthalf profit.
Capita also said it had won a ten-year contract valued at £100 million with Harrow council where it will deliver a "one stop shop" for residents needing to deal with their local authority.
The company, which runs London's traffic congestioncharging scheme, made £74.5 million profit before tax, exceptional items and amortisation in the six months to the end of June. Turnover rose 11 per cent to £687 million.
The consensus forecast was for £73 million profit.
Executive chairman Rod Aldridge said he was comfortable with market expectations for full-year revenues of £1.425 billion and profit of £170 million.
He said the company, which has a major operation in Coventry, employed around 2,000 people across the midlands in a range of areas, including service delivery.
The interim dividend was set at 2.10p.
Investec Securities analyst Robert Morton said: "The outlook remains encouraging, with the group currently working on a pipeline of major bids worth £3.4 billion. In addition there are only three material contracts due for renewal in the period to December 2009."
He rates Capita shares a "hold".
The first-half operating margin rose to 11.8 per cent from 11.1 per cent, and Mr Aldridge said the full-year figure would be comfortably ahead of the 12.5 per cent recorded in 2004.
He said: "We are very pleased with our first half performance which includes £240 million of new contracts, a strong bid pipeline, and operating margins up. "
Mr Aldridge also highlighted Capita's second centre in Mamba, which opened recently "to service our current flow of offshore work, we are increasing the number of employees from 130 to 300 by the year end".
Capita has benefited from moves by the Government to hire firms to help modernise public services such as hospitals, and by private sector clients looking to cut costs by outsourcing services like administration to overseas, locations, notably India.