Capita sees recovery in Covid-affected areas

The firm said it made good progress despite the ongoing impact of the Covid-19 pandemic

Holly Roach
clock • 1 min read
Revenue was in line with the year prior at £1,584.7m
Image:

Revenue was in line with the year prior at £1,584.7m

Capita’s profit and margins have increased, while net debt has reduced, as the firm gains new contracts and sees recovery in Covid-affected areas.

According to the firm's half-year results, published today (6 August), pre-tax profit rose by £56.4m to £45.3m, following an £11.1m loss in the first half of 2020. Revenue was in line with the y...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Will reforms to pensions and IHT work in practice as currently drafted?

Buzz: Will reforms to pensions and IHT work in practice as currently drafted?

Pension and IHT reforms, The Pensions Regulator’s VfM and climate change

Professional Pensions
clock 06 July 2026 • 1 min read
News Digest: Cabinet Office names new CSPS director and moots future insourcing; Andy Burnham makes triple-lock pledge

News Digest: Cabinet Office names new CSPS director and moots future insourcing; Andy Burnham makes triple-lock pledge

PP brings together all the latest news on pensions from across the national and financial media

Professional Pensions
clock 06 July 2026 • 1 min read
Professional Pensions: Stories of the week

Professional Pensions: Stories of the week

Capita CSP contract, BCSSS appoints BlackRock, warning over IHT pension reforms

Professional Pensions
clock 03 July 2026 • 1 min read
Trustpilot