logo
Share SHARE
FONT-SIZE Plus   Neg

Capita Provides Interim Management Statement - Quick Facts

Capita Plc (CPI.L) issued interim management statement covering the 3 month period ending March 31, 2012.

The company stated that it has made an encouraging start to 2012 with first-quarter turnover 17% ahead of prior year, mainly due to the additional revenue from acquisitions undertaken during 2011 as well as good progress across the Group's businesses. The company also had a successful period in bidding for new contracts, winning a total of 900 million pounds major sales opportunities in the first 16 weeks of the year.

In addition, Capita noted that performance across its key financial metrics is as anticipated in its preliminary results statement issued on February 23, 2012. The company said it remains well placed to achieve renewed organic growth in line with expectations in 2012 and anticipate further strong progress in 2013.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Activision Blizzard reported a better-than-expected increase in second-quarter profit, as the video game publisher saw robust growth in digital channels, penetration in China and improved margins. It lifted its guidance for 2015, sending its shares up... Diversified media and entertainment conglomerate Walt Disney Co. said Tuesday after the markets closed that its third quarter profit rose 11% from last year, driven mainly by strong earnings growth at its film and consumer products divisions. The company's quarterly earnings per share came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. AIG reported a plunge in second-quarter profit, hurt by a decline at its insurance business, debt-related losses and lower gains from the sale of investments. However, its earnings topped Street estimates, partly on contribution from aircraft leasing giant AerCap. AIG also announced a boost in dividend and said it would buyback an additional $5 billion stock.
comments powered by Disqus
Follow RTT