RE: Shorts closing10 Mar 2022 21:40
(Reuters) - Capita PLC ::CAPITA PLC: FY REPORTED PROFIT BEFORE TAX OF £286M (2020: LOSS OF £49M).CAPITA PLC: PLANNED MATERIAL FURTHER REDUCTION IN DEBT IN 2022.CAPITA PLC: DISPOSALS PROGRAMME HAS EXCEEDED ITS £700M TARGET, AHEAD OF SCHEDULE.CAPITA PLC: GOOD START TO 2022 IN EXPERIENCE WITH £456M FIVE-YEAR BBC TV LICENSING EXTENSION ANNOUNCED IN FEBRUARY.CAPITA PLC: STRONG UNWEIGHTED PIPELINE OF £9.4BN IN 2022; YEAR-TO-DATE WE HAVE WON ALMOST £700M TCV.CAPITA PLC: FY REVENUE INCREASED 0.4% TO £3BN.CAPITA PLC: MAJOR CONTRACT WINS AND EXTENSIONS IN BOTH CORE DIVISIONS: ROYAL NAVY, JOB ENTRY TARGETED SUPPORT SCHEME, RSPCA.CAPITA PLC: IN 2022 WE EXPECT REVENUE GROWTH BUILT ON STRONG CONTRACT PERFORMANCE IN 2021.CAPITA PLC: PROFIT MARGINS EXPECTED TO REDUCE SLIGHTLY IN 2022.CAPITA PLC: ALSO EXPECT TO DELIVER POSITIVE SUSTAINABLE FREE CASH FLOW IN 2022..CAPITA PLC: MEDIUM TERM OUTLOOK FOR CORE GROUP OF MID-SINGLE DIGIT REVENUE GROWTH, HIGH SINGLE DIGIT EBITDA MARGINS WITH CASH CONVERSION OF 70% TO 80%.