Capita Share News (CPI)

IN BRIEF: Capita extends licence to manage UK smart meter roll-out

Capita PLC - London-based outsourcing and professional services company - Extends Data Communications Co licence by two years to manage the delivery of the UK's smart meter secure communications platform. Under the extension with a total contract value of up to GBP135 million, DCC will continue to operate the platform and the UK's smart meter roll-out until September 2027. "We are exceptionally proud of the central role Capita plays in enabling the technological transformation of the UK's energy system. We will continue to leverage deep technical expertise and regulatory knowledge to deliver smooth migration to smart meters, helping UK consumers to become more energy aware as well as helping them manage their costs," says Richard Holroyd, chief executive officer of Capita Public Service.

SMALL-CAP WINNERS & LOSERS: Capita shares up; Tullow Oil revenue slips

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

LONDON BROKER RATINGS: Barclays cuts United Utilities and Severn Trent

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Monday:

London close: Stocks join global slide on fears of US recession

(Sharecast News) - London stocks closed in negative territory on Friday as investors reacted to a weaker-than-expected non-farm payrolls report from the United States, indicating a sharp slowdown in hiring last month.

Capita on track for cost-cutting plan as turns to interim profit

(Alliance News) - Capita PLC on Friday said its cost-cutting plan was on track as it reported an interim profit.

Capita returns to profit in H1 despite revenue decline

(Sharecast News) - Outsourcing company Capita said on Friday that it had returned to profit in the first half of the trading year amid a recommitment to cost-cutting efforts.

UK earnings, trading statements calendar - next 7 days

IN BRIEF: AdvancedAdvT says acquired Capita business performing well

AdvancedAdvT Ltd - London-based owner of software for business solutions, healthcare compliance, and human capital management businesses that were formerly part of Capita PLC - Reports pretax profit from continuing operations of GBP5.2 million in the eight months ended February 29, up from GBP1.4 million in the 12 months ended June 30, 2023. Revenue is GBP21.1 million, compared to none the year before. AdvancedAdvT completed its reverse takeover of the Capita businesses in August of last year, and the recent results cover its period of ownership of those operations. Since the new financial year began on March 1, trading has been in line with board expectations, AdvancedAdvT says, securing "a number of large, long-term contracts across both public sector and private sector customers".

RBC Capital lifts Capita price target to adjust for recent disposal

(Sharecast News) - RBC Capital Markets lifted its price target on Capita on Thursday to 2,200p from 1,800p as it adjusted forecasts for the Capita One disposal.

LONDON BROKER RATINGS: Berenberg cuts Babcock International to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and on Wednesday:

EARNINGS AND TRADING: Genedrive in FDA boost; Bango revenue rises

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

SMALL-CAP WINNERS & LOSERS: Gore Street shares down as NAV falls

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Monday.

London close: Stocks slip as investors digest Powell's comments

(Sharecast News) - London stocks ended in negative territory on Tuesday, driven by concerns over a decline in retail sales and the impact of comments from US Federal Reserve chair Jerome Powell.

Capita shares soar on Capita One disposal worth GBP200 million

(Alliance News) - Capita PLC on Tuesday announced an agreement to sell its software business to a subsidiary of MRI Software LLC.

SMALL-CAP WINNERS & LOSERS: Capita rises on sale of software business

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.