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

Aptia connects 200 schemes to pensions dashboard

Aptia connects 200 schemes to pensions dashboard

Pensions administrator says it will be connecting more schemes before deadline

Alex Levy
clock 05 August 2026 • 1 min read
Restore Britain criticises 'hijacking' of private pension investment

Restore Britain criticises 'hijacking' of private pension investment

Economic plan reveals the party would scrap the triple lock

Alex Levy
clock 04 August 2026 • 1 min read
The benefit of M&A expertise on trustee boards

The benefit of M&A expertise on trustee boards

Palwinder Hare says trustees with M&A experience can bring strategic value to boards

Palwinder Hare
clock 04 August 2026 • 2 min read
Trustpilot