tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Capita Wins £62m Renewal with Major European Telecoms Group

Story Highlights
  • Capita renews a four-year, £62m contact centre contract with a major European telecoms client.
  • The deal expands nearshore delivery and embeds AI tools to boost efficiency and customer outcomes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Capita Wins £62m Renewal with Major European Telecoms Group

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest update is out from Capita plc ( (GB:CPI) ).

Capita’s Contact Centre business within its Capita Experience division has secured a four-year renewal of its contract with a major European telecommunications provider, worth £62m and starting in January 2026. The deal extends a partnership that began in 2014 and will see Capita continue to provide customer services across technical support, chat and messaging, and inbound sales, while expanding nearshore delivery operations in multiple European locations. The renewed framework agreement underscores Capita’s strategic emphasis on operational efficiency and AI-driven digital transformation, including the deployment of Centrical and other AI tools to enhance key performance metrics such as handling times, customer satisfaction and sales conversion, reinforcing its positioning as a technology-enabled outsourcer for large telecoms clients.

The most recent analyst rating on (GB:CPI) stock is a Buy with a £6.00 price target. To see the full list of analyst forecasts on Capita plc stock, see the GB:CPI Stock Forecast page.

Spark’s Take on GB:CPI Stock

According to Spark, TipRanks’ AI Analyst, GB:CPI is a Neutral.

Capita plc’s overall stock score reflects a mixed financial performance with significant leverage and cash flow issues. Strong technical momentum and positive corporate events provide some optimism, but valuation concerns and regulatory challenges temper the outlook.

To see Spark’s full report on GB:CPI stock, click here.

More about Capita plc

Capita plc is a modern outsourcing company that helps public and private sector clients run complex business processes more efficiently and improve consumer experiences. Operating in eight countries with around 34,000 employees, it provides people-based services supported by market-leading technology, serving primarily UK and European customers and playing a significant role in essential services used by millions of people.

Average Trading Volume: 587,732

Technical Sentiment Signal: Hold

Current Market Cap: £443.1M

See more insights into CPI stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1