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Company compiled consensus

2026:

£m Average High Low
Adjusted revenue 1,815 1,884 1,782
Adjusted EBIT 65 73 61
Adjusted PBT 23 29 16
Adjusted EBITDA 125 143 114
Reported free cash flow post lease payments* (53) (41) (68)
Net debt (pre IFRS 16) (242) (212) (261)
Net debt (post IFRS 16) (539) (501) (579)

2027:

£m Average High Low
Adjusted revenue 1,824 1,883 1,766
Adjusted EBIT 121 132 108
Adjusted PBT 79 92 67
Adjusted EBITDA 183 208 167
Reported free cash flow post lease payments* 25 47 6
Net debt (pre IFRS 16) (236) (213) (265)
Net debt (post IFRS 16) (520) (484) (559)

2028:

£m Average High Low
Adjusted revenue 1,873 1,929 1,812
Adjusted EBIT 139 152 126
Adjusted PBT 98 113 81
Adjusted EBITDA 201 221 176
Reported free cash flow post lease payments* 48 68 19
Net debt (pre IFRS 16) (204) (179) (267)
Net debt (post IFRS 16) (477) (418) (524)

*Before the impact of business exits

Disclaimer: Analyst consensus is being provided on Capita’s website for informational and convenience purposes only. This analysis is based on a collation of forecasts which have been published by registered investment analysts. Capita has not endorsed, commented on or verified any individual forecasts, nor does it intend to do so in future. Accordingly, Capita makes no warranty or representation as to the accuracy of the information, the reasonableness of any assumptions or projections or the likelihood of achieving the forecasted figures. Capita does not accept any liability whatsoever in respect of the information set out in these consensus figures, nor for reliance upon, or actions taken based on, any of this information. The consensus figures are forward-looking and as such are therefore subject to risks and uncertainties that may materially affect eventual results. Although Capita may update this information on a periodic basis, it assumes no obligation to update or revise such information.


Analysts

Analysis from the following brokers is included in the collated information, based on them having published updated forecasts within the six months prior to the date on which this was updated, and which reflected the latest corporate news and information at that time:

Company Name Email
Barclays James Rose james.l.rose@barclays.com
Berenberg Alex Smith alex.smith@berenberg
Canaccord Genuity Kai Korschelt kkorschelt@cgf.com
Deutsche Numis David Brockton david.brockton@db.com
Investec Michael Donnelly michael.donnelly@investec.com
Peel Hunt Chris Bamberry christopher.bamberry@peelhunt.com
RBC Andrew Brooke andrew.brooke@rbccm.com
Shore Capital Joe Spooner joe.spooner@shorecap.co.uk
Singer Capital Markets Mark Howson / Roddy Davidson mark.howson@singercm.comRoddy.Davidson@singercm.com

This data was compiled on 14th August 2026.