Capita PLC Marks & Spencer contract extension
18 January 2018 - 8:00PM
UK Regulatory
TIDMCPI
Marks & Spencer extends customer contact partnership with Capita by five years
Marks & Spencer has extended its longstanding digital customer contact
partnership with Capita by a further five years. The contract renewal and
expansion commences April 2018 and is worth approximately GBP70m over the
contract term.
Capita will continue to provide quality customer service support for
marksandspencer.com across voice, online and webchat channels from its existing
award-winning teams, including those based in Preston Brook in the UK.
As part of the new agreement, Capita will also extend its customer services
support to M&S's international online business in markets like the US,
Australia and France.
Jo Moran, Head of Customer Service, Marks & Spencer said: "Over the last 15
years Capita has helped us put the customer at the heart of everything we do.
Consolidating customer support to Capita will provide greater synergies between
M&S's UK and international online operations, and offer customers a consistent
customer experience wherever they shop M&S."
Jonathan Lewis, Chief Executive Officer, Capita plc, said: "Marks & Spencer's
extension and expansion of its partnership with us is testament to the strength
of our longstanding relationship and our consistent delivery of high quality
services rightly associated with this brand. Key to the success of the
partnership has been our ability to be fully immersed in the organisation's
brand values ensuring that the customer is always at the heart of service
delivery, regardless of the channel of contact."
ENDS
Note to editors
The IFRS 15 transaction price of the contract is GBP67m.
For further information:
Capita plc
Tel: 020 7654 2220 and 020 654 2281
Andrew Ripper, Head of Investor Relations
Fiona O'Nolan, Director, Corporate Communications
IRTeam@capita.co.uk
Media enquiries
Capita Press Office
Kirsty Sewter
Tel: 020 7654 2399
Kirsty.sewter@capita.co.uk
Capita is a leading UK provider of technology enabled customer and business
process services and integrated professional support services. Operating at
over 450 sites across the UK, Europe, India and South Africa, Capita uses its
expertise, infrastructure and scale benefits to transform its clients'
services, driving down costs and adding value. Capita is quoted on the London
Stock Exchange (CPI.L). Further information on Capita can be found at: http://
www.capita.com.
LEI no. CMIGEWPLHL4M7ZV0IZ88.
END
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