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

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT