1 April 2025 - contract extension

The leading outsourcing group has announced that it has won a contract extension with the Education Authority of Northern Ireland worth £107m.  The contract will see Capita deliver managed IT service and application services to all 1,104 schools across Northern Ireland from 1 April 2025 to 31 March 2027.  There is also an option to extend the contract.  The company has worked with the Education Authority for 13 years and this contract extension is further evidence that the company's services remain in demand.  We continue to rate the shares as a BUY . . .

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