Copenhagen, 2017-03-20 17:01 CET (GLOBE NEWSWIRE) --
No. 4/2017
ISS (ISS.CO, ISS DC, ISSDY), a leading global provider of facility services, today announced the signing of heads of terms to extend the global agreement with Barclays, whereby ISS delivers integrated facility services to the majority of Barclays’ sites across the world.
Under the heads of terms, ISS will negotiate an extension of the relationship with Barclays until the end of 2022. Barclays is currently ISS’s largest contract. As part of the terms, ISS will continue to deliver integrated facility services (IFS) to approximately 1,600 Barclays sites in 35 countries.
ISS began working with Barclays in October 2012, providing an Integrated Facility Services solution in the UK & Ireland, Continental Europe, the Americas, Middle East and Asia Pacific.
Jeff Gravenhorst, ISS’ Group CEO, commented:
“We are proud and honoured about the opportunity to extend the agreement with Barclays, which is a very special customer for ISS. The extension is testament to the level of trust and the partnership we have built with Barclays over the last five years.
“Everyone at ISS who is involved in this extension is fully committed to continuing the growth of this relationship and collaborating further to exceed Barclays expectations.”
ISS will issue a separate company announcement, when a final and binding extension agreement between the parties has been concluded.
ISS is in regular dialogue with all major customers to develop the relationships and meet their evolving needs. Currently, we are in dialogue with a few major, global customers whose contracts are expected to be re-negotiated during 2017.
For investor enquiries
Nicholas Ward, Head of Group Investor Relations, +45 3817 6251
Martin Kjær Hansen, Senior Investor Relations Manager, +45 3817 6431
For media enquiries
Kenth Kærhøg, Head of Group Communications, +45 3817 6205
Lena Stennicke, Global Media Relations Manager, +45 38 17 65 03
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About ISS The ISS Group was founded in Copenhagen in 1901 and has grown to become one of the world's leading Facility Services companies. ISS offers a wide range of services such as: Cleaning, Catering, Security, property and Support Services as well as Facility Management. Global revenue amounted to DKK 79.1 billion in 2016 and ISS has more than 494,000 employees and activities in more than 75 countries across Europe, Asia, North America, Latin America and Pacific, serving thousands of both public and private sector customers. For more information on the ISS Group, visit www.issworld.com. |
ISS A/S, ISIN DK0060542181, ISIN US4651472056
ISS Global A/S, ISIN XS1145526585, ISIN XS1330300341, ISIN XS1145526825
