UK's Capita flags up to 140 million pound cash outflow in 2024
Published by Global Banking & Finance Review®
Posted on December 17, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 17, 2024
1 min readLast updated: January 27, 2026

Capita forecasts a £120M-£140M cash outflow in 2024 due to lower revenues. Additional restructuring costs of £50M will affect 2025, with positive cash flow expected by the end of next year.
(Reuters) - British outsourcing group Capita flagged a free cash outflow of 120 million pounds to 140 million pounds ($152.4 million-$177.8 million) in 2024, partly hurt by lowerrevenues.
The company said additional cash restructuring costs of 50 million pounds would impact free cash flow in the first half of 2025, with positive and consistent free cash flow expected by the end of next year.
($1 = 0.7875 pounds)
(Reporting by Aby Jose Koilparambil in Bengaluru; Editing by Abinaya Vijayaraghavan)
The article discusses Capita's forecast of a cash outflow between £120M and £140M in 2024, influenced by lower revenues.
Capita anticipates additional cash restructuring costs of £50M impacting free cash flow in the first half of 2025.
Capita expects to achieve positive and consistent free cash flow by the end of 2025.
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