The group said its work had increased in established market areas, such as the prison, education, and healthcare sectors, and it had also entered specialist markets such as defence and airports.
The group reported pre-tax profit had risen 41% to £72.1m in the year ending 31 December 2001, up from £51.2m in 2000. Turnover was up 52% to £691m from £453m in 2000.
Capita executive chairman Rod Aldridge said the firm’s business model was established and had been proved over many years. He said the demand for its services had never been stronger and that operational capability was considerable.
Record levels of new business secured in 2001 underpin strong organic growth for 2002 and 2003
Ron Aldridge, executive chairman, Capita
Aldridge said: “Record levels of new business secured in 2001 already underpin strong organic growth for 2002 and 2003.”
The firm also announced that it would continue with its policy of making acquisitions where value can be added for shareholders and customers in the long term.
Last May Capita recruited four directors – Steve Smith, James Curliss, Russell Gillespie and Jeremy Phillips – from rival Northcroft for its London QS division.