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GFS G4s Plc

244.80
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
G4s Plc LSE:GFS London Ordinary Share GB00B01FLG62 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 244.80 245.00 245.10 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

G4S plc UK DK : Statement re Update

06/12/2016 8:06am

GlobeNewswire


6 December 2016

Update

G4S plc, the leading global integrated security company, provides the following update:

The company expects to generate substantial free cash flow1 in 2016 and reiterates its previous guidance that the group's business plan and current performance support a Net Debt/EBITDA ratio of 2.5x or lower by the end of 2017. 

The company is pleased to report that its cash retail solutions programme (Cash360 and Deposita) has continued to perform well and is underpinned by a substantial contract portfolio and order book that is expected to provide significant ongoing revenues to the group.

1 Total group net cash flow before dividends

For investor queries please contact G4S plc:
Helen Parris - Director of Investor Relations   +44 (0) 20 8722 2125

For Media enquiries, please contact:
Nigel Fairbrass - Director of Media         +44 (0) 7799894265

Notes to Editors:

About G4S plc:

G4S is the leading global, integrated security company, specialising in the provision of security services and solutions to customers. Our mission is to create material, sustainable value for our customers and shareholders by being the supply partner of choice in all our markets.

G4S is quoted on the London Stock Exchange and has a secondary stock exchange listing in Copenhagen. G4S is active in around 100 countries and has 600,000 employees. For more information on G4S, visit www.g4s.com.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: G4S plc UK DK via Globenewswire

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