Capita plc has today announced its final results for the year ending 31 December 2013, showing strong sales, operational and financial performance.
|Financial highlights||Underlying**||Underlying** change year-on-year||Reported|
|Profit before tax||£475.0m*||+14%||£215.0m|
|Earnings per share||59.4p||+14%||27.05p|
|Total dividend per share||26.5p||+13%||26.5p|
* On an ongoing basis, 2013 numbers excluding the partial sale of our Insurance Distribution and planned SIP business closure. Disposal and closure costs, including goodwill, total £146.7m, see note 2 of the preliminary statement. 2012 numbers have not been restated on this basis.
** Adjusted for new pension standard IAS19(R). Excludes non-underlying items detailed in note 3 administrative expenses, in the notes to the preliminary statement.
Highlights: Delivering sustainable growth
Strong financial performance
Strong start to 2014
Annualised revenues for Capita’s property and infrastructure business (formerly Capita Symonds) were £297m (2012: £273m) while operating profit was almost £16m (2012: £7m).
As you can see from the groupâ€™s results significant growth has been announced together with 15% increase in both annualised revenues and operating profit. The Property and Infrastructure business has contributed to the overall business results. The annualised revenues for 2013 are Â£297m (Â£273m in 2012) and operating profit at almost Â£16m ( Â£7m in 2012). The business has started 2014 in a very positive manner with significantly improved year on year sales in January. This provides a strong platform for continued growth and the outlook for our business remains very positive for 2014.
chief executive of Capita property and infrastructure
Capita Real Estate and Infrastructure works with public and private sector organisations to design, build and optimise their real estate and infrastructure assets. From thought to finish, we apply our combined expertise to achieve more from the entire built environment.
We build competitive advantage through intelligently applied real estate and infrastructure solutions and enhance our clients’ standing in a forever-changing world.
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