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M&E and support services firm Mitie has reported strong interim results for the six months to 30 September 2008, adding it has funds available for possible 鈥渟elective investment鈥� in new businesses such as facilities management and business development capability.

Mitie said the current economic climate has had no more than a minimal effect on 鈥渘iche areas鈥� of its business. In a trading update issued to the Stock Exchange, the firm said it was on course to hit earnings expectations and had already secured 98% of its expected revenue for the financial year to the end of March.

The update came on the back of Mitie winning preferred bidder status in two major public sector contracts 鈥� the 拢65m Derby 好色先生TV Schools for the Future programme and a 拢78m slew of Decent Homes social housing work, comprising 21 000 houses across Hampshire, Middlesex, London, Essex, Renfrewshire and Glasgow.

Mitie will release its full-year results on 18 May.