27 May 2022 - new contract
The leading consultancy group Capita has announced that it has won a new contract with Scottish Power to deliver front-line customer support for the latter's customers across the UK. This customer management contract will be worth £63m over five years and starts in June 2022. Although not particularly large, it is indicative of the group's aim to generate business with new customers and clients. Shares in Capita remain at depressed levels and we continue to believe there is significant recovery potential. BUY.
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