04 May 2010
G4S PLC
INTERIM MANAGEMENT STATEMENT
G4S, the international security solutions group, will be updating analysts and
investors today on trading for the year to date, including an overview of
financial performance to 31 March 2010.
In the first quarter of 2010 overall revenues grew 4%, at constant exchange
rates, compared to the same period last year, and grew 2.1% at actual exchange
rates. The group operating margin was unchanged.
Management will be indicating that there have been no material changes in
trading performance, financial position or market conditions across the various
G4S businesses since the 2009 year end, the results of which were announced in
March.
An overview of the financial performance for the three months to 31 March 2010
is as follows:
Organic Growth
Overall organic growth was 2%. New Markets grew more than 7% and developed
markets were flat.
* In secure solutions, organic growth was 2.5% as a strong performance in
government and New Markets was partly offset by lower growth overall in
Europe and North America commercial services.
* Cash solutions organic growth was flat with good underlying growth in New
Markets being offset by a slight decline in developed markets.
Margins
Overall margins held up (on both a constant and actual exchange rate basis)
compared to the same period last year.
* Secure solutions margins were slightly higher helped by the UK and New
Markets.
* In cash solutions, the business has adjusted well to the current low
interest rate environment.
Outlook
The group has performed robustly in the first quarter, in a market which
continues to be challenging. Against this market backdrop, we are confident the
international diversity of our business mix, strength of our management teams
and enhanced ability to deliver innovative, outsourced customer solutions will
enable the group to maintain its momentum.
Capital Markets Day
On 18 May, G4S will be holding a Capital Markets Day in London for analysts and
investors
AGM & Dividend
The AGM will take place on 28 May 2010 and the final dividend of 4.16 pence (DKK
0.3408) per share is proposed for payment on 4 June 2010.
Results for the six months to 30 June 2010 will be published on 26 August 2010.
For further enquiries, please contact:
Helen Parris+44 (0) 1293 554423
Media Enquiries:
Alison Flynn+44 (0) 1293 554447
Kevin Smith, Citigate Dewe Rogerson+44 (0) 0207 282 1054
High resolution images are available for the media to view and download free of
charge fromwww.vismedia.co.uk <//www.vismedia.co.uk/>.
An investor and analyst conference call is taking place today at 09.00 (UK
time). Participants should dial in 10-15 minutes before the conference start
time.
+---------------------------+--------------------+-----------------------------+
| |Live call at 9am |Replay (available for 7 days)|
+---------------------------+--------------------+-----------------------------+
|UK Standard International |+44 (0) 1452 569 335|+44 (0) 1452 55 00 00 |
+---------------------------+--------------------+-----------------------------+
|UK Free Call |0808 238 0673 |0800 953 1533 |
+---------------------------+--------------------+-----------------------------+
|Denmark Free Call |8088 9204 |+44 (0) 1452 55 00 00 |
+---------------------------+--------------------+-----------------------------+
|USA Free Call |1866 655 1591 |1866 247 4222 |
+---------------------------+--------------------+-----------------------------+
|Conference ID/Replay number|69953345 |69953345# |
+---------------------------+--------------------+-----------------------------+
Notes to Editors:
G4S is the world's leading international security solutions group, which
specialises in outsourced business processes in sectors where security and
safety risks are considered a strategic threat.
G4S is the largest employer quoted on the London Stock Exchange and has a
secondary stock exchange listing in Copenhagen. G4S has operations in over 110
countries and over 595,000 employees. For more information on G4S, visit
www.g4s.com.
[HUG#1410807]
Interim Management Statement
| Source: G4S plc