Capita has said that it expects to benefit from a buoyant outsourcing market as the public and private sector turn to outsourced services to create savings.
While other large outsourcing companies such as G4S and Serco have been hit heavily by fallout from a series of scandals, including overcharging and failure to meet service targets, Capita has managed to emerge relatively untouched.
Capita also expects that contrary to past expectations, the pre-election period will continue to see strong outsourcing market performance due to the need for savings, with the hope of meeting budget goals driving the markets growth.
Deputy chief executive, Andy Parker, said: “There’s been £1bn of decisions since November, and we have won £600m of that. The G4S-Serco deals have obviously damaged sentiment for the sector but I don’t think it’s affected that many decisions.”
Capita post 14% profit rise
Capita awarded £110 million NHS Scotland contract