British outsourcing group Capita cuts profit outlook



British outsourcing group Capita (CPI.L) cut its full-year profit outlook by as much as 13 percent on Thursday after clients delayed making decisions on projects.
Capita, which employs 75,000 staff across the UK, Europe, South Africa and India, said its performance in the second-half of the year had been below expectations. It had previously said that clients were taking longer to sign off on projects after Britain vote to leave the European Union.
It now expects underlying profit before tax tobe in the range of 535 million pounds to 555 million pounds for the year to December 2016,... read more

 
29 September 2016 in Business, Views: 35
Source: Reuters
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