November 7, 2019 / 7:23 AM / 4 months ago

G4S Q3 revenue grows, says reviewing proposals for cash business separation

Nov 7 (Reuters) - British security contractor G4S reported a 4.3% rise in third-quarter organic revenue, and said it was evaluating unsolicited third-party proposals for its cash solutions business.

G4S, which provides security services for the Hinkley Point C nuclear power station in Britain and for the International Cricket Council, reported a 4.3% rise in organic revenue for the third quarter, with growth in both its cash and security business.

G4S also said it had made good progress with its preparations to split its cash unit in the first half of 2020 to focus on its mainstay security operations. (Reporting by Noor Zainab Hussain in Bengaluru Editing by Saumyadeb Chakrabarty)

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