8 August 2022 - interim results
The interim results from outsourcing group Capita which covered the first half of 2022 have come in pretty much as expected with revenues hardly changed on the previous year at £1.48bn. Adjusted pre-tax profits increased to £37.0m from just £1.1m in the first half of 2021 with earnings per share on the same basis rising to 3.3p (2021: 2.8p). Net debt excluding leases reduced to £289m from £431m at the year end mainly due to the disposal proceeds received during the period and positive free cash flow. The group . . .
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