Bristol-based outsourcing group Mitie predicted further strong growth this year as it unveiled a 4.3% increase in annual pre-tax profits to £113.3m.
The increase came on revenues up 8.2% to £2.14bn – the result of a number of major contract wins during the year to the end of March. 
These included a landmark £180m, eight-year contract with the Home Office, giving Mitie responsibility for 900-plus detainees at the Colnbrook and Harmondsworth Immigration Removal Centres, near Heathrow.
The group, whose services span maintenance, cleaning, security and healthcare, also retained a number of its most significant contracts, including with Network Rail (£75m over five years) and Capita (£110m over five years).
Mitie employs more than 7,000 people in the South West working for clients such as Bristol Airport, South West Water and the University of Exeter.
Chief executive Ruby McGregor-Smith said: “We have made excellent progress, achieving sector-leading organic growth driven by new and expanded contracts, as well as completing a bolt-on acquisition in healthcare.
“We are very well-positioned as one of the UK’s leading integrated facilities management providers and we have also invested in higher margin markets which will support our growth aspirations.
“We expect outsourcing opportunities will continue to grow, with a trend towards more clients seeking to access bundled and integrated services. We are confident that we will continue to build on our track record of delivering sustainable, profitable growth.”
