14 December 2023 - trading update

Another positive trading update from the outsourcing group Capita with adjusted revenue growth of 2.1% being reported for the first eleven months of the year.  Contracts won during the year to date have a total contract value of £2.89bn, an increase of 47% over the same period last year and with more of this coming in the second half of the year this is clearly encouraging.  The group is hoping to deliver annualised cost savings of £60m from Q1 2024 which should help the group towards its target of more than doubling operating . . .

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