British strategic outsourcing and asset management company Mitie Group Plc (MTO.L: News ), Friday, in its interim management statement for the period from October 1 to date, said that group earnings continue to grow in line with its expectations and the board remains confident that full-year profit will meet management expectations.

Mitie noted that it has performed well since October 2009 and has had a good start to the second half of fiscal 2010. The company added that its facilities management team has had a particularly good quarter being awarded contracts with clients from financial se rvices, utilities and transport sectors.

The Emersons Green, Bristol-based company operates mainly in three segments: Facilities Management, Property Management and Asset Management.

Mitie stated that since the announcement of its first half results made in November 2009, it has successfully retained and expanded a number of existing contracts and have secured new work across all three divisions, and also noted that the relatively small parts of its business, which are exposed to new build and fit-out elements of construction industry, have seen no further deterioration in market conditions but are yet to see sustained evidence of recovery. The company said it still experiences slippage on certain projects.

Mitie also said that the integration of Dalkia FM is going well and that it is on track to deliver projected synergies. On August 12, Mitie acquired Dalkia Energy and Technical Services Ltd and Parkersell Ltd, along with Dalkia Technical Facilities Management, or DTFM, from Dalkia plc for a maximum consideration of GBP 130 million and an initial consideration of GBP 120 million. Mitie added that the acquisition has enabled it to launch Mitie CarbonCare in December, bringing together energy management, compliance, engineering and renewable energy capabilities of Mitie as an integrated environmental impacts solution.

Further, Mitie noted that the acquisition of Environmental Property Services Ltd. in November has enhanced its scale in social housing market and that it is in the process of integrating Environmental Property with social housing business in Mitie's property management segment.

Additionally, Mitie announced the appointment of Larry Hirst, currently chairman of IBM Europe, Middle East and Africa, as a non-executive director, effective February 1, 2010. Previously, Hirst served as general manager of IBM Northern Region and chief executive of IBM UK and Ireland. The company also announced that Terry Morgan, presently non-executive director and chairman of remuneration committee, will become a member of nomination committee on February 1, 2010.