RE: Shorts closing11 Mar 2022 11:15
I do agree with the RBC analyst at the end:
"Analysts at RBC said the results were “messy, given disposals and one-offs, but overall results are in line”.
They added: “We still believe Capita is tough to understand, with its conglomerate nature and large number of contracts and with, we suspect, a significant range of profitability, FCF [free cash flow] and risk metrics . . . The group needs a period of no surprises to start to rebuild confidence in the story and to generate a re-rating.”