Capita sees recovery in Covid-affected areas

The firm said it made good progress despite the ongoing impact of the Covid-19 pandemic

Holly Roach
clock • 1 min read
Revenue was in line with the year prior at £1,584.7m
Image:

Revenue was in line with the year prior at £1,584.7m

Capita’s profit and margins have increased, while net debt has reduced, as the firm gains new contracts and sees recovery in Covid-affected areas.

According to the firm's half-year results, published today (6 August), pre-tax profit rose by £56.4m to £45.3m, following an £11.1m loss in the first half of 2020. Revenue was in line with the y...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Small pensions pot consolidator launched, Mansion House Compact II draft circulated, TPR superfund blog

Professional Pensions
clock 25 April 2025 • 1 min read
Utmost posts 90% annual AUA increase after entrance to UK BPA market

Utmost posts 90% annual AUA increase after entrance to UK BPA market

Group surpasses £100bn AUA mark but posts decrease in operating profit

Jasmine Urquhart
clock 25 April 2025 • 1 min read
Drive up social mobility to boost DEI initiatives, NextGen urges

Drive up social mobility to boost DEI initiatives, NextGen urges

Research finds industry focus groups have concerns over ‘diversity-washing’

Martin Richmond
clock 25 April 2025 • 4 min read
Trustpilot