10th May 2016 06:08
LONDON (Alliance News) - Outsourcer Capita PLC on Tuesday said it has made a solid start to 2016 and remains on track to hit market expectations for 2016.
The FTSE 100-listed company, which handles back-office tasks on behalf of a range of private and public sector clients, said it has secured GBP458.0 million in major contracts in 2016 so far. The group has also acquired four companies and sold two businesses in the period.
Capita said it has seen increased organic growth in its divisions so far in 2016 and said its bid pipeline provides greater visibility and confidence on the outlook for 2016 as a whole.
The group said it is on track to hit its target for 4.0% organic revenue growth in 2016 and is trading in line with market expectations for the full year.
By Sam Unsted; [email protected]; @SamUAtAlliance
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