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Capita plc ( (GB:CPI) ) has shared an update.
Capita has secured a £107 million contract extension with the Education Authority of Northern Ireland to continue providing managed IT and application services to 1,104 schools across the region until 2027, with an option for further extension. This contract extension, which marks a 13-year partnership, aligns with Capita’s strategy to enhance complex process delivery at scale, benefiting the educational experience for staff and pupils in Northern Ireland.
More about Capita plc
Capita is a modern outsourcing company that assists clients in both the public and private sectors to manage complex business processes more efficiently, enhancing consumer experiences. With operations in eight countries, Capita’s 34,000 employees primarily support UK and European clients using people-based services backed by leading technology, playing a crucial role in society.
YTD Price Performance: -1.57%
Average Trading Volume: 5,380,975
Technical Sentiment Signal: Buy
Current Market Cap: £232M
Learn more about CPI stock on TipRanks’ Stock Analysis page.