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Capita plc Publishes H1 2024 Segmental Restatement and Affirms 2025 Guidance

Fiona Craig
Market News
02 July 2025 9:26AM

Capita plc (LSE:CPI) has issued a restated segmental report for the first half of 2024, detailing adjusted figures under its revised operating segment structure. The company recorded adjusted revenues of £1,198.6 million alongside an adjusted operating profit of £54.5 million. This restatement accounts for the divestment of a small business during 2024 and covers key segments including Contact Centre, Pension Solutions, and Regulated Services.

Looking ahead, Capita maintains its financial guidance for the full year 2025, projecting flat revenue but expecting improved operating margins in the latter half of the year. The company also anticipates turning free cash flow positive by the end of 2025, signaling progress toward financial stability.

While Capita faces ongoing financial challenges, its stock benefits from strong technical momentum and appealing valuation metrics. Recent corporate developments contribute positively to the company’s outlook, although these are yet to be fully factored into performance assessments.

About Capita plc

Capita plc is a leading outsourcing provider, delivering complex business process solutions across public and private sectors. Operating in eight countries with a workforce of around 34,000, the company focuses on enhancing client efficiency and customer experience through people-driven services supported by advanced technology. Capita plays a vital role in daily life by supporting millions across the UK and Europe.