Proactiveinvestors United Kingdom Capita Group https://www.proactiveinvestors.co.uk Proactiveinvestors United Kingdom Capita Group RSS feed en Tue, 23 Jul 2019 10:14:39 +0100 http://blogs.law.harvard.edu/tech/rss Genera CMS action@proactiveinvestors.com (Proactiveinvestors) action@proactiveinvestors.com (Proactiveinvestors) <![CDATA[RNS press release - Capita plc - Contract ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907180745PR_NEWS_UKDISCLO_0072/ Thu, 18 Jul 2019 12:45:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907180745PR_NEWS_UKDISCLO_0072/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907050450PR_NEWS_UKDISCLO_0016/ Fri, 05 Jul 2019 09:50:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907050450PR_NEWS_UKDISCLO_0016/ <![CDATA[RNS press release - Capita plc - Blocklisting - Interim Review ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907020751PR_NEWS_UKDISCLO_0078/ Tue, 02 Jul 2019 12:51:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907020751PR_NEWS_UKDISCLO_0078/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907010830PR_NEWS_UKDISCLO_0103/ Mon, 01 Jul 2019 13:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907010830PR_NEWS_UKDISCLO_0103/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907010829PR_NEWS_UKDISCLO_0101/ Mon, 01 Jul 2019 13:29:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201907010829PR_NEWS_UKDISCLO_0101/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906270832PR_NEWS_UKDISCLO_0073/ Thu, 27 Jun 2019 13:32:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906270832PR_NEWS_UKDISCLO_0073/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906101137PR_NEWS_UKDISCLO_0094/ Mon, 10 Jun 2019 16:37:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906101137PR_NEWS_UKDISCLO_0094/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906060506PR_NEWS_UKDISCLO_0037/ Thu, 06 Jun 2019 10:06:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906060506PR_NEWS_UKDISCLO_0037/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906030953PR_NEWS_UKDISCLO_0123/ Mon, 03 Jun 2019 14:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201906030953PR_NEWS_UKDISCLO_0123/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905280630PR_NEWS_UKDISCLO_0065/ Tue, 28 May 2019 11:30:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905280630PR_NEWS_UKDISCLO_0065/ <![CDATA[RNS press release - Capita plc - Result of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905141100PR_NEWS_UKDISCLO_0084/ Tue, 14 May 2019 16:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905141100PR_NEWS_UKDISCLO_0084/ <![CDATA[RNS press release - Capita plc - Employee Director Appointments ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905140500PR_NEWS_UKDISCLO_0035/ Tue, 14 May 2019 10:00:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905140500PR_NEWS_UKDISCLO_0035/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905100510PR_NEWS_UKDISCLO_0031/ Fri, 10 May 2019 10:10:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905100510PR_NEWS_UKDISCLO_0031/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905070632PR_NEWS_UKDISCLO_0078/ Tue, 07 May 2019 11:32:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905070632PR_NEWS_UKDISCLO_0078/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905010953PR_NEWS_UKDISCLO_0112/ Wed, 01 May 2019 14:53:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201905010953PR_NEWS_UKDISCLO_0112/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904250458PR_NEWS_UKDISCLO_0033/ Thu, 25 Apr 2019 09:58:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904250458PR_NEWS_UKDISCLO_0033/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904090731PR_NEWS_UKDISCLO_0073/ Tue, 09 Apr 2019 12:31:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904090731PR_NEWS_UKDISCLO_0073/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904080923PR_NEWS_UKDISCLO_0073/ Mon, 08 Apr 2019 14:23:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904080923PR_NEWS_UKDISCLO_0073/ <![CDATA[RNS press release - Capita plc - Notice of AGM ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904080533PR_NEWS_UKDISCLO_0037/ Mon, 08 Apr 2019 10:33:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904080533PR_NEWS_UKDISCLO_0037/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904080410PR_NEWS_UKDISCLO_0027/ Mon, 08 Apr 2019 09:10:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904080410PR_NEWS_UKDISCLO_0027/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904011134PR_NEWS_UKDISCLO_0127/ Mon, 01 Apr 2019 16:34:00 +0100 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201904011134PR_NEWS_UKDISCLO_0127/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903261313PR_NEWS_UKDISCLO_0105/ Tue, 26 Mar 2019 17:13:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903261313PR_NEWS_UKDISCLO_0105/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903211221PR_NEWS_UKDISCLO_0092/ Thu, 21 Mar 2019 16:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903211221PR_NEWS_UKDISCLO_0092/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903210657PR_NEWS_UKDISCLO_0043/ Thu, 21 Mar 2019 10:57:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903210657PR_NEWS_UKDISCLO_0043/ <![CDATA[RNS press release - Capita plc - Annual Financial Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903141031PR_NEWS_UKDISCLO_0084/ Thu, 14 Mar 2019 14:31:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903141031PR_NEWS_UKDISCLO_0084/ <![CDATA[News - Capita profits fall less than expected as the outsourcer undergoes major overhaul ]]> https://www.proactiveinvestors.co.uk/companies/news/216446/capita-profits-fall-less-than-expected-as-the-outsourcer-undergoes-major-overhaul-216446.html Capita Group PLC (LON:CPI) posted a 26% drop in profit for 2018 that was better than it had expected as it completed the first year of its restructuring.  

The outsourcer said it made an adjusted pre-tax profit of £282.1mln last year, down from £383.1mln in 2017 but slightly higher than its estimates of £250mln-£275mln. Revenue dropped 5% to £3.8bn.  

READ: Capita lowers profit guidance and warns turnaround plan will take time

Capita has been undergoing a major overhaul under chief executive Jonathan Lewis, which has included a £700mln rights issue, the sale of £400mln of unwanted business and cost cuts.

On the back of the revival process, the group met its £70mln cost savings target last year and expects to realise cumulative savings of £175mln by the end of this year.

Further transformation

“Our transformation still has some way to go,” Lewis said.

“But I am very pleased with our progress. Our targets remain on track, and I’m excited about the prospects for a simplified and strengthened Capita.”

Capita’s order book at the end of the year stood at £7.1bn, compared to £8.2bn in 2017. The decline reflected the fact that the order intake of £1.8bn was lower than revenue recognised along with subdued bid activity in 2017.

Order intake largely comprised contract wins and renewals in the customer management division.

For the 2019 financial year, the group expects a pre-tax profit of between £265mln and £295mln.

The company said it was on course to meet its 2020 targets for £175mln cost savings, “double-digit” adjusted EBIT margins and at least £200mln of sustainable annual free cash flow, before exceptional and restructuring charges and additional pension contributions.

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Thu, 14 Mar 2019 07:43:00 +0000 https://www.proactiveinvestors.co.uk/companies/news/216446/capita-profits-fall-less-than-expected-as-the-outsourcer-undergoes-major-overhaul-216446.html
<![CDATA[RNS press release - Capita plc - Final Results 2018 ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903140300PR_NEWS_UKDISCLO_0012/ Thu, 14 Mar 2019 07:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903140300PR_NEWS_UKDISCLO_0012/ <![CDATA[RNS press release - Capita plc - Response to Press Report ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903121312PR_NEWS_UKDISCLO_0096/ Tue, 12 Mar 2019 17:12:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903121312PR_NEWS_UKDISCLO_0096/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903051156PR_NEWS_UKDISCLO_0088/ Tue, 05 Mar 2019 16:56:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903051156PR_NEWS_UKDISCLO_0088/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903011106PR_NEWS_UKDISCLO_0137/ Fri, 01 Mar 2019 16:06:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903011106PR_NEWS_UKDISCLO_0137/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903010512PR_NEWS_UKDISCLO_0047/ Fri, 01 Mar 2019 10:12:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201903010512PR_NEWS_UKDISCLO_0047/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902271120PR_NEWS_UKDISCLO_0094/ Wed, 27 Feb 2019 16:20:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902271120PR_NEWS_UKDISCLO_0094/ <![CDATA[RNS press release - Capita plc - Appointment of External Auditor ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902051221PR_NEWS_UKDISCLO_0109/ Tue, 05 Feb 2019 17:21:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902051221PR_NEWS_UKDISCLO_0109/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902051117PR_NEWS_UKDISCLO_0098/ Tue, 05 Feb 2019 16:17:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902051117PR_NEWS_UKDISCLO_0098/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902051112PR_NEWS_UKDISCLO_0096/ Tue, 05 Feb 2019 16:12:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902051112PR_NEWS_UKDISCLO_0096/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902040553PR_NEWS_UKDISCLO_0038/ Mon, 04 Feb 2019 10:53:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902040553PR_NEWS_UKDISCLO_0038/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902010905PR_NEWS_UKDISCLO_0116/ Fri, 01 Feb 2019 14:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201902010905PR_NEWS_UKDISCLO_0116/ <![CDATA[RNS press release - Capita plc - Capita wins new payments solution contract ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901240441PR_NEWS_UKDISCLO_0041/ Thu, 24 Jan 2019 09:41:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901240441PR_NEWS_UKDISCLO_0041/ <![CDATA[RNS press release - Capita plc - Notice of investor event ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901240400PR_NEWS_UKDISCLO_0035/ Thu, 24 Jan 2019 09:00:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901240400PR_NEWS_UKDISCLO_0035/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901211126PR_NEWS_UKDISCLO_0092/ Mon, 21 Jan 2019 16:26:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901211126PR_NEWS_UKDISCLO_0092/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901111153PR_NEWS_UKDISCLO_0096/ Fri, 11 Jan 2019 16:53:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901111153PR_NEWS_UKDISCLO_0096/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901080956PR_NEWS_UKDISCLO_0084/ Tue, 08 Jan 2019 14:56:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901080956PR_NEWS_UKDISCLO_0084/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901030456PR_NEWS_UKDISCLO_0034/ Thu, 03 Jan 2019 09:56:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901030456PR_NEWS_UKDISCLO_0034/ <![CDATA[RNS press release - Capita plc - Blocklisting - Interim Review ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901021058PR_NEWS_UKDISCLO_0133/ Wed, 02 Jan 2019 15:58:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201901021058PR_NEWS_UKDISCLO_0133/ <![CDATA[RNS press release - Capita plc - Holding(s) in Company ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812141030PR_NEWS_UKDISCLO_0097/ Fri, 14 Dec 2018 15:30:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812141030PR_NEWS_UKDISCLO_0097/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812120551PR_NEWS_UKDISCLO_0046/ Wed, 12 Dec 2018 10:51:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812120551PR_NEWS_UKDISCLO_0046/ <![CDATA[RNS press release - Capita plc - Director/PDMR Shareholding ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812051205PR_NEWS_UKDISCLO_0098/ Wed, 05 Dec 2018 17:05:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812051205PR_NEWS_UKDISCLO_0098/ <![CDATA[RNS press release - Capita plc - Total Voting Rights ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812030945PR_NEWS_UKDISCLO_0100/ Mon, 03 Dec 2018 14:45:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201812030945PR_NEWS_UKDISCLO_0100/ <![CDATA[RNS press release - Capita plc - Director Declaration ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201811281031PR_NEWS_UKDISCLO_0091/ Wed, 28 Nov 2018 15:31:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201811281031PR_NEWS_UKDISCLO_0091/ <![CDATA[RNS press release - Capita plc - Director Declaration ]]> https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201811281027PR_NEWS_UKDISCLO_0090/ Wed, 28 Nov 2018 15:27:00 +0000 https://www.proactiveinvestors.co.uk/companies/rns/3285/PRNRNS_201811281027PR_NEWS_UKDISCLO_0090/