Capita increases its 2016 interim dividend by 6%

Highlights

Good financial results

• Underlying revenue growth on a like for like basis of 8.8%, including 5.0% organic growth net of attrition

• Underlying operating margin of 13.2% (H1 2015 on a like for like basis¹: 12.9%)

• Underlying profit before tax up 8% to £285.3m (H1 2015: £264.9m)

• Underlying earnings per share up 7% to 34.2p (H1 2015: 32.0p)

• Interim dividend up 6% to 11.1p (H1 2015: 10.5p)

• Underlying cash flow from operations £388m (H1 2015 £300m), a cash conversion ratio of 122% (H1 2015: 104%)

• Net debt to annualised EBITDA of 2.49, with headroom of £1.1bn, at end June 2016

• Post tax ROCE 15.0% (FY 2015: 15.0%)

• Reported profit before tax £186.1m (H1 2015: £146.1m)

• Reported earnings per share 22.4p (H1 2015 17.7p).