28 February 2024 - new contract
The outsourcing group has announced that it has signed a deal worth up to £220m with a leading European telecoms provider - this will involve providing dedicated support to business customers and consumers for mobile phones and TV products. The customer is one that has been involved with Capita for 25 years and the new deal is testament to the service provided by Capita. The shares in the company have been disappointing performers so far and yet the company is moving from recovery mode to growth. The shares remain a BUY.
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