Capita chairman Powell to stand down

22nd Mar 2022 07:59

(Sharecast News) - Government outsourcer Capita said chairman Ian Powell had decided to step down and would be replaced by senior independent director David Lowden.

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Capita swings to FY profit as revenues nudge up

10th Mar 2022 07:45

(Sharecast News) - Outsourcer Capita said on Thursday that it swung to a profit in 2021 as revenue ticked higher for the first time in six years.

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Capita hits disposals target as it sells Trustmarque IT business for £111m

28th Jan 2022 07:03

(Sharecast News) - Government contractor Capita on Friday said it had sold its Trustmarque IT services business to One Equity Partners for £111m as part of its £700m disposals programme.

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Capita hits disposals target as it sells Trustmarque IT business for £111m

28th Jan 2022 07:03

(Sharecast News) - Government contractor Capita on Friday said it had sold its Trustmarque IT services business to One Equity Partners for £111m as part of its £700m disposals programme.

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Capita sells software business for up to £40m

24th Dec 2021 07:04

(Sharecast News) - UK outsourcing company Capita said it had sold its AMT Sybex software business to Jonas Computing for up to £40m as it continued to offload non-core assets to bolster its balance sheet.

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Revenues broadly flat at Capita

13th Dec 2021 08:06

(Sharecast News) - Capita reported broadly flat revenues on Monday, sending shares in the outsourcing specialist sharply lower.

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Capita contract with Co-op Bank to end early

2nd Dec 2021 08:54

(Sharecast News) - Capita has announced the early termination of its mortgage services contract with The Co-operative Bank.

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RBC Capital ups Capita to 'outperform', cites signs of stabilisation

25th Nov 2021 10:34

(Sharecast News) - RBC Capital Markets upgraded outsourcer Capita on Thursday to 'outperform' from 'sector perform' and lifted the price target to 70p from 55p, saying it was "one for the brave".

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Capita to sell speciality insurance businesses for undisclosed sum

2nd Nov 2021 08:57

(Sharecast News) - Outsourcer Capita has agreed to sell its speciality insurance businesses to Marco Capital Holdings for an undisclosed sum.

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Capita sells SSS business to NEC Software for £62m

1st Oct 2021 07:44

(Sharecast News) - Capita has agreed to sell its Secure Solutions and Services (SSS) business to NEC Software Solutions UK, it announced on Friday, for £62m on a cash-free, debt-free basis.

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Capita returns to interim profit, secures £2.6bn in new contracts

6th Aug 2021 09:02

(Sharecast News) - Outsourcing firm Capita said on Friday that it had returned to profit in the first half of its trading year, with the group securing £2.6bn of new contract wins.

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Barclays reinstates coverage of Capita at 'overweight'

4th Aug 2021 08:54

(Sharecast News) - Barclays reinstated coverage of Capita on Wednesday at 'overweight' with an 80p price target following completion of the Axelos disposal.

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Capita secures contract renewal worth up to £124m

3rd Aug 2021 08:09

(Sharecast News) - Outsourcer Capita has secured a learning services contract renewal with a "major" UK financial services client worth up to £124m over five and a half years.

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Director dealings: Capita CFO snaps up shares

28th Jun 2021 15:58

(Sharecast News) - Capita revealed on Monday that chief financial officer Tim Weller had acquired 255,521 ordinary shares in the FTSE 250-listed outsourcer and government contractor.

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Capita sees revenue growth; Sells Axelos stake for £183m

21st Jun 2021 07:35

(Sharecast News) - UK outsourcer and government contractor Capita on Monday said it was on track to post revenue growth for the first time in six years as trading in the first half of 2021 improved.

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