RE: Safe Pair of Hands19 May 2022 07:25
Stick to the facts... capita UNDER achieved on revenue growth last year. Experience division saw decline in revenue by around 9%...its behind public division by 18 months to that effect...
To be debt free, they NEED to SELL ALL the Portfolio division. To the exact VALUATION or more. Not a penny less and FIND BUYERS by the END of the YEAR.
'Outsourcing boom' well that's ur personal opinion. So means nothing to anyone but urself.
FACT is INTEREST RATES is rattling American markets therefore UK markets and yes WORLD'S markets too.
YES Capita has around 800 Million pound debt on its balance sheet..YES SERIOUSLY, that is HUGE...expecially in an environment where Interest rate is rising month by month. Imho