Outsourcing and support services firm Mitie has claimed it is on track to hit its revenues and earnings estimates.

The FTSE 250 company has secured or retained a number of contracts in the past few months and stated that it has a ‘strong order book and significant pipeline of sales opportunities’.

However, despite maintaining an ‘optimistic’ outlook for continued growth, Mitie also warned of potential damage to its ‘cyclical markets’ due to ‘uncertainties in the global economy’.

Shares in Mitie fell this morning, currently down 2.36 per cent at 256.9p at 10.45, underperforming the FTSE 250, which is down 0.46 per cent.

Among Mitie’s recent contract wins is a £28 million, five-year contract with FriendsLife, the financial services firm, to provide ‘integrated facilities management’.

The firm has been appointed to develop and operate a £35 million energy centre in Fife, aiming to create Scotland’s largest energy self-sufficient community, with work due to commence in April 2012.

Mitie has also entered into a partnership with the Prison Service to bid for management of the nine prisons currently part of the ‘prison competition’ scheme announced by the government in July 2011.

The company said it has made a number of small acquisitions but that it retains a ‘robust’ balance to facilitate future organic growth of further acquisitions.