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G4S PLC (GFS.L)

GFS.L on London Stock Exchange

183.15GBp
16 Nov 2018
Change (% chg)

-0.30 (-0.16%)
Prev Close
183.45
Open
182.85
Day's High
186.25
Day's Low
181.95
Volume
2,950,621
Avg. Vol
4,659,136
52-wk High
293.50
52-wk Low
173.55

Latest Key Developments (Source: Significant Developments)

G4S sees 2018 profit growth in line with 2017, "good momentum" into 2019
Wednesday, 7 Nov 2018 02:00am EST 

Nov 7 (Reuters) - G4S PLC ::reg-g4s plc trading update.organic revenue growth was 2.5% for q3.organic revenue growth of 2.5% in q3 compares with 0.2% in first half of 2018.strong organic growth rates in security services in north america and asia partially offset by lower revenues in benelux and conventional cash services..sees high quality pipeline provide good momentum into 2019."We continue to exercise commercial discipline in markets where labour supply is tight and whilst this is expected to constrain revenue growth in 2018, our new contract wins and substantial, high quality pipeline provide good momentum into 2019”..organic revenue growth was 2.5% for q3, after 0.2% for first six months,.growth of 1.1% for first nine months of 2018..our revenue growth, favourable sales mix and productivity programmes underpin our pbita for 2018 which, after investment in new products and services, we expect to be in line with 2017 on a constant currency basis..  Full Article

Oddo BHF Asset Management Discloses 3 Pct Stake In G4s
Wednesday, 19 Sep 2018 11:23am EDT 

Sept 19 (Reuters) - G4S PLC ::ODDO BHF ASSET MANAGEMENT SAS DISCLOSES 3 PERCENT STAKE IN G4S PLC - FILING.  Full Article

G4S revenues below expectations, sees positive outlook on global growth
Thursday, 8 Mar 2018 02:00am EST 

March 8 (Reuters) - G4s Plc ::Reg-g4s plc uk dk : 2017 full year results.‍profitable growth: pbita(b) +4.2%​.‍strong growth in technology-related security revenues: +11.4%​.‍outlook for group is positive​.‍to support our aim of growing revenues from core businesses by an average of 4-6% per annum​.‍revenue £7,427m​.‍restructuring and efficiency programmes to deliver recurring operating gains of £70 million to £80 million by 2020​.‍earnings (c) £277m​.‍additional refinancing gains of around £20 million are also anticipated by 2020​.‍a portion of these gains will be re-invested in growth, with majority expected to benefit bottom line​.‍outlook for group is positive:​.‍group is well positioned to deliver a strong performance over next three years.​.‍intend to remain soundly financed with average operating cash flow conversion of more than 100% of adjusted pbita and a net debt to adjusted ebitda ratio of less than 2.5x​.‍priorities for excess cash will be investment, dividends and, in near term, further leverage reduction​.‍our strong market positions, commercial discipline, growing technology-related revenues, positive cash generation and on-going productivity programmes provide substantial confidence​.‍following achievement of group's leverage-reduction target, directors propose a 5% increase in final dividend to 6.11p​.‍to increase dividend in line with long-term growth in earnings​.  Full Article

‍G4S Wins Contracts In Canada And Europe​
Monday, 26 Feb 2018 05:01am EST 

Feb 26 (Reuters) - G4S Plc ::‍G4S WINS CONTRACTS IN CANADA AND EUROPE​.EXTENDED OUR COVERAGE INTO EUROPE, RECENTLY WINNING AN EIGHT-YEAR CONTRACT WITH ONE OF LARGEST RETAILERS IN NETHERLANDS.IN CANADA, SECURED A FIVE-YEAR CONTRACT WITH ONE OF WORLD’S LARGEST HOME IMPROVEMENT RETAILERS TO IMPLEMENT, OPERATE AND MAINTAIN CASH MANAGEMENT TECHNOLOGY.CANADA ‍CONTRACT COVERS 150 RETAIL STORES AND WILL COMMENCE IN FIRST HALF OF 2018​.  Full Article

G4S 2017 revenue outlook slightly lower than previously flagged
Tuesday, 7 Nov 2017 02:00am EST 

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.​.  Full Article

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

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European shares gain on optimism over U.S.-China trade row

LONDON Hopes that the United States and China might find a compromise to resolve their trade dispute lifted European shares on Monday, while Turkey's currency crisis showed no immediate sign of worsening.