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G4S PLC (GFS.L)

GFS.L on London Stock Exchange

303.00GBp
12:02pm EDT
Change (% chg)

-2.50 (-0.82%)
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305.50
Open
306.50
Day's High
306.50
Day's Low
302.30
Volume
6,575,616
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4,971,622
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314.00
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145.00

Latest Key Developments (Source: Significant Developments)

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

Petrofac says Tim Weller to set up in October; to join G4S
Monday, 15 Aug 2016 02:00am EDT 

Petrofac Ltd : Petrofac limited today announces that Tim Weller has advised board of his intention to leave group . Tim Weller will take up role of chief financial officer of G4S plc .Tim will leave group in October 2016 and search for his successor is underway..  Full Article

G4s says does not see big change to business from recent European attacks
Wednesday, 10 Aug 2016 03:23am EDT 

G4s Plc , Chief Executive Ashley Almanza: Brexit has had no impact on its relationship with government, sees no significant effects of Brexit beyond that . Disposal process is seeing very active interest from range of buyers . Does not see significant sustained change for its business from recent European attacks Further company coverage: [GFS.L] (Reporting by Elisabeth O'Leary) ((elizabeth.oleary@thomsonreuters.com;)).  Full Article

G4S first-half revenue up 5.1 pct, core profit up 8.2 pct
Wednesday, 10 Aug 2016 02:13am EDT 

G4s Plc : Revenue from our continuing businesses increased by 5.1% . Says h1 pbita(a) of £199 million up 8.2% . He board has declared an interim dividend of 3.59 pence per share. . revenue(a)of £3.1 billion up 5.1% . Profit before interest, tax, amortisation of 199 million pounds up 8.2 percent . Earnings of 102 million pounds, up 13.3 percent . Net debt/EBITDA fell slightly to 3.2x .Reducing net debt remains one of our key priorities.  Full Article

G4S Plc won new contract to provide security services
Friday, 11 Sep 2015 02:00am EDT 

G4S Plc:Says that it has won a new contract to provide security services to Basra Gas Company (BGC) for three years commencing Jan 2016 with a total contract value of $187 million.Says the exercise of a two-year extension option would bring the total value to $270 million.  Full Article

More From Around the Web

BRIEF-G4S completes sale of G4S Youth Services

* Completed sale of G4S Youth Services in USA to BHSB Holdings Inc for us$56.5 million paid in cash Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)