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

Good News Corner: Quantum Advisory employees become Dementia Friends

Good News Corner: Quantum Advisory employees become Dementia Friends

Quantum Advisory employees support initiative led by Alzheimer’s Society

Jasmine Urquhart
clock 04 April 2025 • 1 min read
Many savers still not accessing guidance or advice ten years on from pension freedoms, IFoA says

Many savers still not accessing guidance or advice ten years on from pension freedoms, IFoA says

IFoA report finds fewer people understand their options now compared to three years ago

Holly Roach
clock 04 April 2025 • 4 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

TPR extends oversight to professional trustee firms, FCA greenlights two LTAFs, Lloyds longevity hedging transactions

Professional Pensions
clock 04 April 2025 • 1 min read
Trustpilot