12 November 2007
G4S PLC
INTERIM MANAGEMENT STATEMENT
G4S plc, the international security solutions group, will be updating analysts
and investors today on trading for the nine months to 30 September 2007.
Management will be indicating that there have been no material changes in
trading performance or market conditions since the interim results announcement
in August and, despite further weakening of the US dollar and higher interest
charges, performance for the first nine months has been strong.
Organic Growth
Overall organic growth was 7.9% (1% higher than the same period last year) with
6.3% in developed markets and 15.8% in developing markets.
In security services, organic growth remained good in New Markets and improved
strongly in Europe and North America.
Cash services continued to deliver excellent organic growth, supported by
particularly strong performances in Europe and New Markets.
Margins
Overall margins were ahead by 0.3% on the same period last year.
Security services margins improved, as a result of solid performances across the
division.
In cash services, trading was very strong, with margin growth being driven by
improvements in the European businesses and good performances in New Markets.
Outlook
The strong start we made in the first half of the year has continued into the
third quarter. We are making good progress towards our published targets and we
expect this positive momentum to continue until the end of the year and into the
future.
Dividend
The interim dividend of 2.11 pence per share (DKK 0.2319) will be paid on 16
November 2007.
Capital Markets Day
G4S will be holding a Capital Markets Day on 13 November 2007. The purpose of
the day is to provide investors and analysts with an insight into some of the
less well known areas of the group. No material new information will be
disclosed and there will be no further update on current trading.
For further enquiries, please contact:
Nick Buckles +44 (0) 1293 554400
Trevor Dighton
Debbie McGrath
Media Enquiries:
Kevin Smith, Citigate Dewe Rogerson +44 (0) 7973 672649
Notes to Editors:
G4S operates in over 100 countries throughout the world, employing around
500,000 people. It is a market leader in the provision of security solutions in
many of the countries in which it operates. For more information on G4S, visit
www.g4s.com.
An investor and analyst conference call is taking place today at 0900 (UK time).
The dial in number is + 44 (0)20 7162 0125.
Results for the 12 months to 31 December 2007 will be published on 11 March
2008.
