Capita's share price plummets as pandemic hampers H1 results

Marian McHugh
clock • 2 min read

Outbreak puts brakes on outsourcing giant's recovery efforts

Capita has seen its share price tank almost 20 per cent this morning after it reported a bleak first half of the year. The outsourcing giant saw revenues dip nine per cent year-on-year to £1,652...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
Computacenter H1 2024: Confidence remains strong despite fall

Reseller

Computacenter H1 2024: Confidence remains strong despite fall

Despite decline in year-over-year results, the company expects to see growth in H2

clock 09 September 2024 • 3 min read
M&A activity leads Midwich Group to growth in H1

Distributor

M&A activity leads Midwich Group to growth in H1

Distributor’s sales soared in North America by almost 70 per cent

clock 03 September 2024 • 3 min read
Subscription services continue to fuel Pure Storage growth in fiscal Q2

Vendor

Subscription services continue to fuel Pure Storage growth in fiscal Q2

Revenues grew 11 per cent year-on-year for the vendor

clock 29 August 2024 • 2 min read
Marian McHugh
Author spotlight

Marian McHugh

View profile
More from Marian McHugh

CHG Meridian aims green financing option at channel

Is 2021 the watershed year for the channel's sustainability efforts?

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

Get the newsletter

More on Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets
Financial and Reporting

Gartner halves global IT spending forecast as inflation 'throttles' budgets

The analyst also blames a tight labour market for the straitened spending conditions

Kelsey Rees
Kelsey Rees
clock 18 January 2023 • 2 min read
Telefónica Tech joins big league as revenues soar past €1bn
Financial and Reporting

Telefónica Tech joins big league as revenues soar past €1bn

Advanced technologies specialist sees year-to-date revenues leap 71 per cent to €1.02bn

Doug Woodburn
Doug Woodburn
clock 07 November 2022 • 1 min read
RM's shares tank by a third as ERP rollout hits profits
Financial and Reporting

RM's shares tank by a third as ERP rollout hits profits

RM’s £60m-revenue RM Technology arm still expected to grow in fiscal 2022, however

Doug Woodburn
Doug Woodburn
clock 17 October 2022 • 1 min read