Capita Posts Decline In Pretax Profit

Capita PLC

posted a drop in its pretax profit for the year ended December 31. Capita's pretax profit dropped to GBP302.9 million from GBP 309.8 million in 2010. Capita's underlying operating profit for the period rose to GBP427.4 million, from GBP395.1 million in 2010. Its underlying profit before tax rose to GBP385.2 million from GBP364.2 million. Underlying earnings per share climbed to 48.49 pence from 44.98 pence. Capita proposed a final dividend of 14.2 pence.