Member Info for MarcusExile

For you Savage and Aimless 🖕🏼😘

It was a great message @Trisor and love the personal touch. She’s certainly upbeat for the year ahead 😁

“Morning Marcus,

I hope you have seen we made two statements this morning – the resolution of the last remaining closed book Life & Pensions Contracts and a short trading update which guides for slightly lower revenue this year but reiterates all other guidance for cash flow, margins, debt etc and highlights a large increase in pipeline of contract opportunities .

The first release brings the last remaining legacy issue for Capita to a close. Sorry not to be able to pre-announce the date for the trading update but we felt best to give an update to the market at the same time as Closed book L&P and there is always uncertainty re timing until a deal is signed.

Any questions please don’t hesitate to contact Steph or I if you have any questions.

Regards

Helen”

@Heatseeker77 @Trisor Just opened my emails and found the two RNS and an email directly from Helen:

“Morning Marcus,

I hope you have seen we made two statements this morning – the resolution of the last remaining closed book Life & Pensions Contracts and a short trading update which guides for slightly lower revenue this year but reiterates all other guidance for cash flow, margins, debt etc and highlights a large increase in pipeline of contract opportunities .

The first release brings the last remaining legacy issue for Capita to a close. Sorry not to be able to pre-announce the date for the trading update but we felt best to give an update to the market at the same time as Closed book L&P and there is always uncertainty re timing until a deal is signed.

Any questions please don’t hesitate to contact Steph or I if you have any questions.

Regards

Helen”

Agreed @Trisor So does that mean we now have FCF or it’s coming next year?

Any thoughts?

Ahead of the December 2025 pre-close Trading Update, let’s remind ourselves what Capita promised us just 6 months ago:

- We expect Group adjusted revenue to be broadly flat in 2025, with an improvement in operating margin driven by the ongoing £250m cost reduction programme.

- We are on track to deliver the cost reduction programme by December 2025 and continue to expect the margin benefit to be weighted to the second half of the year, reflecting the Contact Centre revenue reduction and cost pressures in the first half driven by the timing of the Group’s pay review and additional National Insurance Contributions.

- We continue to expect a free cash outflow of between £45 million and £65 million for the full year, which includes £55m cash cost to deliver the cost reduction programme.

- We expect the free cash outflow across the Group to be weighted to the first half of the year, with an increase in net financial debt accordingly.

- We continue to expect the Group to be free cash flow positive from the end of 2025.

- We remain confident of delivering the Group’s medium term adjusted operating margin target of 6 – 8%.

@Savage_KeyboardR - Talking to yourself again? 🤡

@Trisor Nice work trolling the troll 🧌 🤣🤣🤣👌

@bubbles59 I think E-Gimp is a appropriate name 🤣🤣

Thanks @bubbles59 - I think 🤣🤣

@trenners I agree we’re due a small pullback as it’s been on a steady upward trajectory. If it hits £4.30 next week then “Happy Christmas” 🎅🏼 and if it drops to £3.70 then I gladly accept the early Christmas gift and top up 🎁

@Trenners I hope he still is short 😉🤣🤣

@aimmaster2018 still clutching at straws. still talking ****e. still trying to be relevant on the group. 🤡

@Trisor or a large one 🤣🤣

@Ekimp You clearly aren’t a sports fan, my friend 😉 “We” as in “my team” Capita.

Secondly, as a shareholder, I own a part of Capita so I believe the use of “we” is correct in this context 😘

If we can push through £3.90 today and get close to the £4.00 mark by the weekend it would be a fantastic run-in for Christmas with a TU due next week to top it off 😉

@Ekimp Are you on something? 🤣🤣🫣 💊

@Heatseeker77 🤣🤣👏👏👏👏

@Savage_KeyboardR Do you just make this stuff up for your own amusement you 🤡

Thanks @Heatseeker77 😊 I think the clue is the fact this is. Capita chat 🫣🤣🤣🤣