Edition:
India

G4S PLC (GFS.L)

GFS.L on London Stock Exchange

146.65GBp
9:05pm IST
Change (% chg)

1.90 (+1.31%)
Prev Close
144.75
Open
146.75
Day's High
149.47
Day's Low
145.70
Volume
3,800,722
Avg. Vol
10,166,344
52-wk High
223.50
52-wk Low
69.92

Latest Key Developments (Source: Significant Developments)

G4S Posts HY Adjusted PBITA 187 Mln Pounds Vs. 196 Mln Pounds
Thursday, 23 Jul 2020 

July 23 (Reuters) - G4S Plc ::HY ADJUSTED PBITA 187 MILLION POUNDS VERSUS 196 MILLION POUNDS .HY UNDERLYING REVENUE WAS 3.35 BILLION POUNDS vs 3.40 BILLION POUNDS IN 2019.SEVERE IMPACT OF COVID-19 UPON OUR CUSTOMERS MEANT THAT CONVENTIONAL CASH REVENUES DECLINED BY 22.1% IN HY.CHARGES OF 25 MILLION POUNDS (HY 2019: 36 MILLION POUNDS) WERE RECORDED FOR RESTRUCTURING AND SEPARATION DURING SIX MONTHS ENDED 30 JUNE 2020.DURING FIRST HALF OF 2020 GROUP RECOGNISED AN IMPAIRMENT CHARGE OF 13 MILLION POUNDS.BOARD INTENDS TO RESUME DIVIDEND PAYMENTS ONCE UNCERTAINTY SURROUNDING PANDEMIC HAS REDUCED TO AN ACCEPTABLE LEVEL.  Full Article

G4S Enters Into Period Of Consultation With Affected Staff
Monday, 13 Jul 2020 

July 13 (Reuters) - G4S PLC ::G4S - ENTERED INTO A PERIOD OF CONSULTATION WITH AFFECTED STAFF.G4S - REVIEW OF CASH SOLUTIONS OPERATIONAL FOOTPRINT IN THE UK WILL RESULT IN A REDUCTION IN HEADCOUNT.  Full Article

G4S Sees Resilient Underlying Operating Profit, Substantial Net Cash Flow In 2020
Wednesday, 17 Jun 2020 

June 17 (Reuters) - G4S PLC ::G4S - IN 2020, SEES RESILIENT UNDERLYING OPERATING PROFIT, SUBSTANTIAL NET CASH FLOW.G4S - REVENUE IN APRIL AND MAY DOWN 7%.  Full Article

G4S Receives Just Over Half Of Proceeds Anticipated From Conventional Cash Unit Sale
Tuesday, 7 Apr 2020 

April 7 (Reuters) - G4S PLC ::G4S PLC - PROGRESS ON COMPLETION OF CONVENTIONAL CASH TRANSACTION.G4S - NOW COMPLETED, RECEIVED JUST OVER HALF OF THE PROCEEDS ANTICIPATED FROM THE SALE OF ITS CONVENTIONAL CASH BUSINESSES TO THE BRINK’S COMPANY.G4S PLC - SUBSTANTIAL MAJORITY OF THE REMAINING COMPLETIONS ARE SCHEDULED TO OCCUR DURING 2020.  Full Article

G4s Says In High Risk Areas, Operations Reduced To Mitigate Coronavirus Spread
Wednesday, 11 Mar 2020 

March 11 (Reuters) - G4S PLC ::G4S PLC - IN AREAS IN WHICH RISK IS CONSIDERED HIGH, OPERATIONS HAVE BEEN REDUCED TO MITIGATE SPREAD OF CORONAVIRUS VIRUS.G4S PLC - ON CORONAVIRUS COMMENCED A PROGRAMME TO TEST POTENTIALLY AFFECTED EMPLOYEES AND NONE HAVE TESTED POSITIVE AS YET.G4S PLC - WHILST THERE IS CLEARLY NEAR-TERM UNCERTAINTY ABOUT IMPACT OF CORONAVIRUS ON GLOBAL ECONOMY, EFFECT ON CO HAS, TO DATE, BEEN IMMATERIAL.G4S PLC - FY UNDERLYING REVENUE £7,672M VERSUS £7,330M.G4S PLC - FY ADJUSTED PBITA £501M VERSUS £501M.G4S PLC - FY ADJUSTED PBITA MARGIN 6.5% VERSUS 6.8%.G4S PLC - FINAL DIVIDEND: 6.11P PER SHARE (2018: 6.11P PER SHARE).G4S - FY STATUTORY LOSS OF £91 MILLION (2018: EARNINGS OF £81 MILLION) REFLECTING £291 MILLION CHARGE FOR GOODWILL IMPAIRMENT RELATING TO UK CASH SOLUTIONS.G4S - STREAMLINED ORGANISATION FACILITATES INCREMENTAL COST EFFICIENCIES OF £15-20 MILLION THROUGH 2020-21.  Full Article

G4S Says Sale Of Conventional Cash Businesses Better Than Demerger Of Cash Solutions Businesses
Wednesday, 26 Feb 2020 

Feb 26 (Reuters) - G4S ::AGREEMENT TO SELL MAJORITY OF CONVENTIONAL CASH HANDLING BUSINESSES TO BRINK’S FOR ENTERPRISE VALUE OF £727 MILLION.BOARD DETERMINED SALE OF CONVENTIONAL CASH BUSINESSES IS SUPERIOR TO DEMERGER OF CASH SOLUTIONS BUSINESSES.PROCEEDS OF SALE TO BE USED TO REDUCE NET DEBT AND INVEST IN GROWTH OF GROUP’S CORE BUSINESSES.UNDER DEAL, APPROXIMATELY 25,000 G4S EMPLOYEES WILL BE JOINING BRINK’S.SALE CREATES OPPORTUNITY TO REDUCE OVERHEADS BY ANNUALISED £15-20 MILLION THROUGH 2020-21.SECURITY IS A GROWING SERVICE INDUSTRY AND GROUP EXPECTS TO GROW REVENUES AT 4-6% PER ANNUM.  Full Article

Brink's To Acquire Majority Of G4s Cash Operations For $860 Million
Wednesday, 26 Feb 2020 

Brinks Co ::BRINK'S TO ACQUIRE MAJORITY OF G4S CASH OPERATIONS FOR $860 MILLION.BRINKS CO - DEAL EXPECTED TO BE ACCRETIVE TO NON-GAAP EARNINGS IN 2020.BRINKS CO - ACQUISITION WILL BE FINANCED BY CASH AND DEBT FROM COMPANY'S EXISTING CREDIT FACILITY.BRINKS CO - DEAL EXCLUDES ENTIRE G4S RETAIL CASH SOLUTIONS BUSINESS AND CASH OPERATIONS IN U.K., SOUTH AFRICA AND SEVERAL SMALLER MARKETS.  Full Article

UK's Home Office Says Serco Awarded Contract To Run Gatwick Immigration Removal Centres
Thursday, 20 Feb 2020 

Feb 20 (Reuters) - G4S PLC ::UK'S HOME OFFICE - SERCO AWARDED CONTRACT TO RUN GATWICK IMMIGRATION REMOVAL CENTRES.UK'S HOME OFFICE - SERCO LTD AWARDED CONTRACT TO MANAGE BROOK HOUSE AND TINSLEY HOUSE IMMIGRATION REMOVAL CENTRES.UK'S HOME OFFICE - G4S CURRENTLY RUN BROOK HOUSE AND TINSLEY HOUSE, WHICH INCLUDES PRE-DEPARTURE ACCOMMODATION.  Full Article

G4S Says Q3 Organic Rev Growth Of 4.3%
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - G4S PLC ::ORGANIC REVENUE GROWTH WAS 4.3% FOR Q3 AND 4.2% FOR FIRST NINE MONTHS OF 2019.REVENUE GROWTH WAS 4.9% FOR Q3 AND 4.7% FOR NINE MONTHS..EXPECT ORGANIC GROWTH MOMENTUM TO CONTINUE INTO Q4 OF 2019.REVENUE GROWTH WAS 4.9% FOR Q3 AND 4.7% FOR NINE MONTHS.  Full Article

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

UPDATE 2-G4S profits beat, lockdown easing boosts security demand

* Shares up 6% (Adds shares, analyst comment, detail on outlook)