Capita PLC
XMUN:CTAA

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Capita PLC
XMUN:CTAA
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Price: 3.46 EUR Market Closed
Market Cap: €12.9B

Capita PLC
Investor Relations

Capita PLC is a UK business services company that runs outsourced work for other organizations, especially the public sector and large corporations. It handles tasks such as customer contact centers, administration, payroll, pensions processing, HR support, and some technology and consulting work. In simple terms, it takes over routine but essential back-office and customer-service jobs so clients can focus on their core business. Its customers include government departments, local authorities, transport bodies, utilities, insurers, and other large enterprises that need long-term help with administration and service delivery. Capita usually makes money through contracts and service fees, often tied to managing a specific process or operating a service on behalf of a client. Some work is project-based, but much of the business comes from ongoing outsourced arrangements. What makes Capita different is its role as an intermediary between clients and the end users of those services. It sits in the middle of complex public and private workflows, where reliability, compliance, and scale matter more than flashy technology. That means its business depends on trust, contract execution, and operational efficiency rather than on selling a single product.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Aug 4, 2026
AI Summary
Q2 2026

Revenue: Capita reported first-half revenue of GBP 906 million, up 1.6%, with growth in public and pensions partly offset by the loss of a prior-year contract exit benefit in regulated services.

Profit hit: Operating profit fell 32% to GBP 32 million, mainly because of added costs on the Civil Service Pension Scheme contract and the absence of prior-year benefits.

CSPS issue: Management said the Civil Service Pension Scheme remains the top operational priority, but argued the service is now turning a corner and that September and October remain key milestones.

Liquidity: The company ended the half with GBP 351 million of total liquidity and net financial debt to EBITDA of 1.6x, after extending its revolver to GBP 325 million.

Order book: Order book rose to GBP 4 billion, excluding the GBP 425 million Transport for London extension announced after period end, supporting confidence in future growth.

AI push: Management framed Capita as an AI-led business process services company, highlighting nearly 500 deployed agents, deeper hyperscaler ties, and a new deployment-orchestrator model.

Outlook: Full-year revenue is expected to be broadly flat, margin guidance is unchanged, and free cash flow before business exits is expected to be an outflow of GBP 35 million to GBP 50 million.

Key Financials
Revenue
GBP 906 million
Operating profit
GBP 32 million
Profit before tax
GBP 12.5 million
Cash conversion
96%
Free cash flow
GBP 3.5 million
Net financial debt to EBITDA
1.6x
Total liquidity
GBP 351 million
Revolving facility
GBP 325 million
Order book
GBP 4 billion
TCV growth
15%
Public Service revenue
GBP 729 million
Public Service operating margin
7.9%
Pension Solutions revenue
GBP 107 million
Pension Solutions operating loss
GBP 3.6 million
Retained contact center revenue
GBP 67 million
Retained contact center operating profit
GBP 1.2 million
CSPS contract value
around GBP 300 million over 10 years
CSPS impact on profitability
GBP 14 million
Consulting impact from CSPS
around GBP 3 million
Cost savings achieved
GBP 250 million
Private contact center disposal costs
GBP 2 million
Simplification program costs
GBP 4 million
Cash generated from operations
GBP 51 million
Capital expenditure
GBP 15 million
Interest paid
GBP 20 million
Lease payments
GBP 11 million
Other Earnings Calls
2026
2014
2010

Management

Mr. Adolfo Hernandez
CEO & Director
No Bio Available
Mr. Manpreet Singh
Chief Technology Officer
No Bio Available
Ms. Helen Parris
Director of Investor Relations
No Bio Available
Ms. Claire Denton
Chief General Counsel & Group Company Secretary
No Bio Available
Ms. Nicole Dorskind
Chief Communications & Corporate Affairs Officer
No Bio Available
Scott Hill
Chief People Officer
No Bio Available
Ms. Xenia Walters
Chief Strategy & Transformation Officer
No Bio Available
Ms. Corinne Ripoche
Chief Executive Officer of Capita Experience
No Bio Available
Richard Holroyd
Chief Executive Officer of Capita Public Service
No Bio Available

Contacts

Address
London
65 Gresham Street
Contacts
+442077991525.0
www.capita.com
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