17 October 2011
G4S PLC
INTERIM MANAGEMENT STATEMENT
G4S, the international security solutions group, reports today on trading for
the year to date, including an overview of financial performance to 30 September
2011.
Trends from the first half continued into the third quarter with continued
strong performances in new markets and stable growth in developed markets.
An overview of the financial performance for the nine months to 30 September
2011 is as follows:
In the first nine months of 2011 overall revenues grew by 4% at actual exchange
rates compared to the same period last year and by 5% at constant exchange
rates. The group operating margin was slightly lower than the same period in
2010 at both actual and constant exchange rates.
Organic Growth
Overall organic growth was 5%,with 3% in developed markets and 9% in new
markets.
* In secure solutions, organic growth was 5% helped by a continued strong
performance in [UK integrated services] and new markets
* In cash solutions organic growth was 2% overall. New markets grew 10%.
Whilst in developed markets growth was still negative, it improved compared
to the first half of 2011.
Margins
Overall margins were slightly lower compared with the same period last year.
* Secure solutions margins were up slightly, in line with performance in the
first six months of 2011
* Cash solutions margins performed in line with the first six months of 2011
and were down slightly on the same period in 2010
Acquisitions & Divestments
During the first nine months of the year, G4S has invested £38m in deferred
consideration in respect of prior year acquisitions and £38m in capability-
building acquisitions such as surveillance, fraud, intelligence and
investigations services, offender monitoring technology and coin management
services.
Financial position
Our financial position continues to be strong and we remain on track to meet our
cash conversion target of 85% of PBITA for the full year.
For further enquiries, please contact G4S plc:
Helen Parris - Director of Investor Relations +44 (0) 1293 554423
Nick Buckles - Chief Executive Officer
Trevor Dighton - Chief Financial Officer
For Media enquiries, please contact
Adam Mynott - Director of Media Relations +44(0) 1293 554445
David Allchurch or John Sunnucks Tulchan Group +44 (0) 207 353 4200
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 more than
125 countries and more than 640,000 employees. For more information on G4S,
visit www.g4s.com.
[HUG#1555112]
G4S plc UK DK : Interim Management Statement
| Quelle: G4S plc