BUSINESS

Capita boss predicts 'significant' growth

The boss of outsourcing giant Capita has predicted ‘significant incremental growth’ for his firm next year.

The boss of outsourcing giant Capita has predicted ‘significant incremental growth' for his firm next year.

Speaking after the publication of his company's half year results for the six months to 30 June, Paul Pindar said a ‘strong sales performance' over the last 12 months will provide Capita with ‘excellent revenue visibility' this year.

‘The return of strong organic growth, improved cash conversion, a replenished bid pipeline and a good pipeline of potential acquisitions, underpin our confidence in full year performance and provide a strong platform for further progress in 2014 and beyond,' said Mr Pindar.

The company's underlying pre-tax profits were up 10% to £205.2m in the results, with revenue increasing by 13% to £1.8bn.

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