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G4S PLC (GFS.L)

GFS.L on London Stock Exchange

300.70GBp
11:35am EDT
Change (% chg)

0.70 (+0.23%)
Prev Close
300.00
Open
300.80
Day's High
304.60
Day's Low
299.10
Volume
3,655,720
Avg. Vol
5,068,335
52-wk High
342.60
52-wk Low
217.00

Latest Key Developments (Source: Significant Developments)

UK's G4S sees risks to growth from Asia, Middle East but overall positive on outlook
Wednesday, 9 Aug 2017 05:48am EDT 

Aug 9 (Reuters) - UK's G4s :CEO sees downside risks to growth outlook from Asia, Middle East, upside risks from strong pipeline.Sees uncertainty in UK overall because of Brexit, nothing specific regarding its business.  Full Article

CORRECTED-G4s shares up 2 percent after posting 9 percent rise in q1 revenues (corrects ric)
Thursday, 4 May 2017 03:08am EDT 

G4s :Shares up 2 percent after posting 9 percent rise in q1 revenues (corrects ric).  Full Article

G4S Q1 revenues 8.9 pct up on 2016, flags challenges in Middle East
Thursday, 4 May 2017 02:11am EDT 

May 4 (Reuters) - :G4S has delivered good profitable growth across all regions except Middle East & India which remains challenging..G4s revenues from the group’s continuing businesses were 8.9% higher than the first quarter of 2016.  Full Article

G4S first-quarter revenue rises 8.9 pct
Thursday, 4 May 2017 02:00am EDT 

May 4 (Reuters) - G4S Plc ::Revenues from group's continuing businesses were 8.9 pct higher than Q1 of 2016.Trends continued from 2016, with double-digit organic growth in developed markets and revenues broadly unchanged in emerging markets.New contract wins and pipeline provide confidence in group's expectation of average revenue growth in range of 4-6 pct per annum.Realised $56.5 million in quarter from sale of Youth Services business in United States.Business plan and current performance continue to support a net debt/ebitda ratio of 2.5x or lower by end of 2017.  Full Article

G4S completes sale of G4S Youth Services
Monday, 3 Apr 2017 02:01am EDT 

G4S Plc : G4S Plc UK DK: disposal . G4S sells G4S Youth Services Llc for us$56.5 million .Completed sale of G4S Youth Services in USA to BHSB Holdings Inc for us$56.5 million paid in cash.  Full Article

G4S plc reports 2016 revenue 6.82 bln pounds, up 6.3 pct
Wednesday, 8 Mar 2017 02:00am EST 

G4S Plc : Reg-G4s plc uk dk : 2016 full year results . G4s plc - group's net debt to ebitda improved to 2.8x in 2016 . G4s plc - final dividend of 5.82p per share . G4s plc - won new contracts with an annual value of £1.3 billion in 2016 . Fy revenue 6,823 million pounds versus 6,419 million punds last year . Fy profit before tax 352 million pounds versus 309 million pounds .G4s plc - net debt as at 31 december 2016 was £1,670 million (december 2015: £1,782 million).  Full Article

G4S wins contract to provide security services at Canadian airport
Tuesday, 7 Feb 2017 05:08am EST 

G4S Plc : G4S wins Halifax Stanfield International Airport contract .Won a five-year contract to provide security services at Halifax Stanfield International Airport in Canada.  Full Article

G4S no longer needs 57 mln stg contingent liability on Compass contract
Thursday, 8 Dec 2016 07:34am EST 

Britain's G4S : Spokesman says "we no longer expect 57 million stg contingent liability from compass asylum seeker support contract to materialise" . Expectation follows improved terms on Compass contract announced earlier by the UK govt [nL5N1E32PQ] (Reporting by Elisabeth O'Leary) ((elizabeth.oleary@thomsonreuters.com;)).  Full Article

Serco sees reduced liabilities over UK asylum contract
Thursday, 8 Dec 2016 07:15am EST 

Serco Group Plc : Extension of compass contract . This charge included expectation that contracts would be extended, and this assumption has now proved correct . Will in next few weeks be carrying out a re- estimation of future losses based on latest information . Serco - based on initial estimates, likely that this will result in a reduction in OCP on compass contracts, although they will continue to be heavily loss-making . At time of our 2014 contract & balance sheet review, Serco took an onerous contract provision against compass contracts of 112 mln stg . In 2015 and first half of 2016, utilisation of OCP was broadly in line with our original expectations . At this early stage, we estimate that net reduction in future liabilities will be around 20 mln stg .Serco group plc - extension of Compass contract.  Full Article

G4S sees UK asylum contract loss within its previous provision
Thursday, 8 Dec 2016 06:32am EST 

G4s Plc : Extension to UK Asylum accommodation contract .Expects the loss making Compass contract to be delivered broadly in line with the onerous contract provision already established in the group balance sheet.  Full Article

UPDATE 1-Britain's FTSE down in the dumps as G4S dives, precious metals miners shine

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