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Capita Sees No Change To 2024 Outlook



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June 13 (Reuters) -Capita PLC CPI.L:

  • DELIVERY OF GROUP'S STRATEGY WILL BE ACCELERATED THROUGH A NUMBER OF KEY INITIATIVES ACROSS BOTH CPS AND CE

  • STRATEGY WILL BE INCLUD RESTRUCTURING AND RIGHT SIZING ORGANISATION TO REDUCE COSTS; DRIVE EFFICIENCY AND CASH FLOW

  • INTRODUCTION OF TARGETED, STANDARDISED, REPEATABLE PRODUCT PROPOSITIONS TO CAPITALISE ON SHIFTING DEMAND

  • GROUP'S STRATEGY WILL INCLUDE DEVELOPMENT OF CORE MARKET PROPOSITIONS FOR SELECTIVE SERVICE OFFERINGS

  • DEMAND FOR SERVICES ACROSS PUBLIC SECTOR IS SHIFTING TOWARDS DIGITALLY ENABLED SERVICES

  • CAPITA: ADDRESSABLE CONTACT CENTRE MARKET IN EMEA CURRENTLY £28.0BN WITH GROWTH OF ABOUT 4% PER ANNUM, PROVIDE SIGNIFICANT OPPORTUNITY IN MEDIUM-TERM

  • NO CHANGE TO 2024 GUIDANCE

Source text for Eikon: ID:nPRrD0436a

Further company coverage: CPI.L


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