Capita, the UK’s leading business process outsourcing (“BPO”) and professional services company, has made strong progress in 2008.

Its businesses across the Group have performed well and it has secured new and renewed major contracts worth £626m in the first six months of the year. The second half of the year has also started strongly with a further £187m of new and renewed contracts secured in July 2008.
 
In the period ended 30 June 2008, turnover increased by 20% to £1,182m (6 months to 30 June 2007: £985m). Operating profit before amortisation rose by 18% to £140.6m (2007: £118.9m) and profit before taxation and amortisation increased by 16% to £120.2m (2007: £103.8m). Earnings per share before amortisation grew by 19% to 14.46p (2007: 12.13p). 
 
Operating cash flow rose by 20% to £174m (2007: £145m). Capita has increased its interim dividend by 20% and it proposes to pay 4.8p per share. It has also returned a further £66m to shareholders through purchasing its own shares.