Capita (OTC:CTAGY) Stock, Quote.Headers.trade-ideas

CAPITA PLC

Capita PLC is a provider of business process services, driven by data, technology, and people focused on creating useful outcomes and value by working collaboratively with its clients as partners. The company provides consulting, transformation, and professional delivery services, drawing on its practical experience, and provides digitally enabled services and solutions, often under multi-year contracts. It operates across three divisions Capita Public Service, Capita Experience, and Capita Portfolio. The company derives a majority of its revenue from the United Kingdom.

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Capita Posts Higher Pretax Profit, Lifts Dividend

Capita Posts Decline In Pretax Profit

Capita PLC

Capita PLC (OTC: <a class="ticker" href="/stock/ctagy#OTC">CTAGY</a>) reported a higher pretax profit for the first half and lifted the dividend.

Capita's revenue for the period rose to GBP1.61 billion, from GBP1.4 billion, in the year-ago period. Its pretax profit rose to GBP143.8 million from GBP141.4 million. Capita's adjusted pretax profit climbed to GBP190.7 million versus GBP174.0 million. Its diluted EPS came in at 18.61 pence, versus 17.77 pence. 

Capita declared an interim dividend of 7.9 pence per share, versus 7.2 pence.

Capita PLC (OTC: CTAGY) 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.

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Capita (OTC:CTAGY) Stock, Quote.Headers.trade-ideas