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Capita Continues its Recovery as Big Clients Rush to Renew and Sign Up in Outsourcing Boom

Hello Share Collectors. One of my previous choices with a share price that’s never really caught fire has issued some jolly results for last year. Capita (CPI) is a company that offers computer and digital services to some bumper clients, including our government. The board boasts of ‘A year of significant change with the transformation of Capita now complete: we have established a platform to drive sustainable improving financial performance whilst continuing to strengthen the balance sheet’.



Regular readers will know I am not a fan of Capita (CPI) which describes itself as an ‘international business process outsourcing and professional services company’.  When I was growing up, it was a company that started as a small cap, quickly become a mid cap and ended up as a FTSE 100 institutional investor darling.  I never purchased it myself, which initially looked stupid, but the mere 86.9% share price fall over the last five years has made me look a bit smarter.  

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