Outsourcer's bid pipeline stands at 4 bln stg

Capita PLC said it is on track to achieve 3 percent organic growth for the year as demand for its outsourcing services remained buoyant in Britain.

The FTSE-100 group, which runs contracts from civil service training schemes to highway maintenance, said in a trading statement on Tuesday it anticipates further strong progress into 2013.

Despite recent high-profile setbacks to the industry, including the G4S London Olympics debacle and a government U-turn on prison outsourcing earlier in November, Capita says that it was continuing to secure public sector contracts, with significant activity in particular from the justice and defence ministries.