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G4S PLC (GFS.L)

GFS.L on London Stock Exchange

171.65GBp
19 Aug 2019
Change (% chg)

1.20 (+0.70%)
Prev Close
170.45
Open
172.20
Day's High
172.45
Day's Low
167.40
Volume
3,099,175
Avg. Vol
3,970,607
52-wk High
255.60
52-wk Low
167.40

Latest Key Developments (Source: Significant Developments)

St. James's Place Cuts Stake In G4S To 2.9% - Filing
Friday, 28 Jun 2019 

June 28 (Reuters) - G4S PLC ::ST. JAMES'S PLACE PLC GROUP OF COMPANIES CUTS STAKE IN G4S PLC TO 2.9% AS OF JUNE 28, FROM 3.8% EARLIER - FILING.  Full Article

G4s Says It Will Focus On Options For Separation Of Its Cash Solutions Business
Tuesday, 7 May 2019 

May 7 (Reuters) - G4S PLC ::REG-STATEMENT REGARDING GARDA WORLD SECURITY CORPORATION.G4S PLC - NOTES ANNOUNCEMENT BY GARDAWORLD IT DOES NOT INTEND TO MAKE AN OFFER FOR COMPANY..G4S - CONTINUES TO FOCUS ON PREVIOUSLY ANNOUNCED REVIEW OF OPTIONS FOR SEPARATION OF ITS CASH SOLUTIONS BUSINESS.G4S - MAKING GOOD PROGRESS IN PLANS TO ENABLE IT TO COMMENCE SEPARATION OF CASH BUSINESS IN H2 2019.  Full Article

Garda World Security Corporation Says Does Not Intend To Make An Offer For G4S PLC
Sunday, 5 May 2019 

May 5 (Reuters) - :GARDA WORLD SECURITY CORPORATION SAYS DOES NOT INTEND TO MAKE AN OFFER FOR G4S PLC.  Full Article

Woodford Investment Discloses 3.99 Pct Interest In G4S- Filing
Friday, 12 Apr 2019 

April 12 (Reuters) - G4S PLC ::WOODFORD INVESTMENT MANAGEMENT DISCLOSES 3.99 PERCENT INTEREST IN G4S PLC - FILING.  Full Article

Garda World Says In Preliminary Stages Of Considering Approach To G4S For Possible Offer
Wednesday, 10 Apr 2019 

April 10 (Reuters) - Garda World Security Corporation::STATEMENT RE POSSIBLE OFFER.NOTES RECENT MARKET SPECULATION IN RELATION TO G4S.CONFIRMS IT IS IN PRELIMINARY STAGES OF CONSIDERING APPROACH TO BOARD OF G4S REGARDING POSSIBLE CASH OFFER FOR CO.CO, MUST BY NOT LATER THAN 5.00 P.M. (LONDON TIME) ON 8 MAY 2019, MUST ANNOUNCE A FIRM INTENTION TO MAKE AN OFFER.  Full Article

G4S Secure Solutions Reaches Agreement To Settle California Employee Class Action
Tuesday, 22 Jan 2019 

Jan 22 (Reuters) - G4S PLC ::G4S SECURE SOLUTIONS (USA) INC REACHES AGREEMENT TO SETTLE CALIFORNIA EMPLOYEE CLASS ACTION.AMOUNT TO BE SETTLED IS BETWEEN US$100 MILLION AND US$130 MILLION.GROUP RE-ITERATES ITS GUIDANCE FOR FULL YEAR UNDERLYING 2018 PBITA TO BE IN LINE WITH PRIOR YEAR.AGREEMENT FOR SETTLEMENT OF A CLASS ACTION COVERING ABOUT 13,500 EMPLOYEES OVER PERIOD OF 2001 TO 2010.COMPANY ESTIMATES THAT FINANCIAL SETTLEMENT WILL OCCUR IN SECOND HALF OF 2019.  Full Article

G4S sees 2018 profit growth in line with 2017, "good momentum" into 2019
Wednesday, 7 Nov 2018 

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 

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 

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 

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

Security firm G4S falls as Canadian rival abandons interest

Shares of G4S Plc fell as much as 9 percent in early trade on Tuesday after Canadian rival Garda World Security dropped its potential bid for the British security services company over the weekend.