Capita is trading 5.3% down at £252.00 after reporting a sharp decline in first-half 2026 profitability tied to ongoing contract challenges.

  • The company disclosed a 31.6% fall in adjusted operating profit, primarily driven by unexpected costs related to its Civil Service Pension Scheme contract.
  • These contract-specific headwinds have significantly dampened investor sentiment, triggering a selloff despite a generally constructive broader market environment.