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Capita enjoys strong half year

London: Specialist Public sector and outsourcing consultancy Capita saw pre-tax profit up 10% to £205.2 million on revenue up 13% to £1.8 billion in the six months to June 30, 2013, and a record £2 billion of major contract wins. Paul Pindar, Chief Executive of Capita plc, commented, "Our strong sales performance over the last 12 months and contributions from 2012 and 2013 acquisitions provide us with excellent revenue visibility for the full year 2013 and already deliver significant incremental revenue growth in 2014. The return of strong organic growth, improved cash conversion, a replenished bid pipeline and a good pipeline of potential acquisitions, underpin our confidence in full year performance and provide a strong platform for further progress in 2014 and beyond."

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