Half Year 2020 Capita PLC Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Robert John Plant - Panmure Gordon (UK) Limited, Research Division - Analyst : At the time of the June statement, on the conference call, you said the guidance was flat sequentially for second half revenues. It's now flat to slightly down. Has the outlook deteriorated slightly since June? And if so, in which areas?

Question: Sylvia Pavlova Barker - JPMorgan Chase & Co, Research Division - Analyst : Just a similar question to Rob's to start off with. So you also said that the margin guidance for H2 is a mid- to high single digits margin. Obviously, the accruals will be moving around. Could you maybe kind of comment on that and if anything's changed? Then in the going concern statement, there's discussion around kind of certain circumstances where the headroom will be limited till June 2021. Can you just clarify, do some of these scenarios include kind of an option where you have sold ESS for GBP 500 million plus and you still have limited headroom? Or if -- or does the ESS kind of disposal fully offset that? And then finally, just on the contingent liability that you've mentioned, is this related to past services with a contract that you still have -- or the customer that you still have contracts with? Or is this fully kind of in the past?