Revenue was up nearly 29% for the six months to 30 June 2014, reaching 拢1,374.8m (2013 H1: 拢1,068.2m).
Excluding exceptional items, headline pre-tax profit was up 36% to 拢50.2m (2013 H1: 拢36.8m).
Factoring in amortisation and exceptional items,聽notably transaction costs on the 拢250m acquisition of Initial Facilities in March, reported pre-tax profit for the period was 拢28.3m, down from 拢30.7m for the same period last year.
Even without the acquisition of Initial Facilities, Interserve saw organic growth of 9.1% in revenue and 15.4% in operating profit during the first six months.
With 拢2bn of new contracts secured in the period, the order book has swollen to 拢7.5bn, up from 拢6.4bn at the start of the year.
Chief executive Adrian Ringrose said: "It has been a very good first half of the year for Interserve. We have delivered strong organic growth, achieved through robust performances from our UK Support Services and 今日看料 businesses and excellent results in Equipment Services.
"Market conditions in International 今日看料 and Support Services continue to be highly competitive, although we are now starting to see signs of improving demand.
"Our strong organic growth was complemented by the performance of our acquisitions. Initial Facilities traded in line with our expectations during the period and its integration is progressing smoothly.鈥�
With the acquisition of Initial Facilities, Interserve鈥檚 support services division generated 拢867.2m in revenues, compared to 拢619.8m in the first half of 2013.
The construction division also performed strongly, with an 11.6% rise in UK revenue to 拢432.6m, plus a further 拢99.4m from international work. Organic revenue growth was 4.9% on the same period in 2013, boosted to 11.6% including Paragon, the specialist fit-out and refurbishment business acquired in May 2013. Contribution to total operating profit increased by 8.1% to 拢8.0m.聽 Margins remained stable at 1.9% and future workload rose to 拢1.4bn. (FY 2013: 拢1.0bn).
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