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BRIEF-G4S 2017 revenue outlook slightly lower than previously flagged
November 7, 2017 / 7:10 AM / 13 days ago

BRIEF-G4S 2017 revenue outlook slightly lower than previously flagged

Nov 7 (Reuters) - G4s Plc

* ‍trading for nine months was in line with expectations.​

* ‍organic revenue growth was 4.4%, with all regions growing apart from Middle east and India region​

* ‍organic revenue growth excluding Middle East and India was 6.1% for first nine months.​

* ‍quality of group’s bid pipeline and our win momentum remain encouraging​

* ‍expects full year 2017 organic revenue growth of between 3-4% and good profit growth​

* ‍we remain focused on cash flow and are on track for group’s net debt to ebitda ratio to be 2.5x or lower by end of 2017.​ Source text for Eikon: Further company coverage: (Reporting by Elisabeth O‘Leary)

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