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G4S (GFS)
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G4S : suspends nine staff at UK migrant centre, says to investigate conduct

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09/01/2017 | 10:13am CEST
File photo of a G4S security van parked outside a bank in Loughborough

British outsourcer G4S has suspended nine members of staff at an immigration removal centre while it investigates a BBC report alleging abuse in the treatment of migrants, the company said on Friday.

"We have received written allegations of abhorrent conduct at Brook House and on that basis we have deemed it serious enough to suspend the staff involved," a spokeswoman for G4S said. She said the company had not yet seen footage of the alleged incidents, however.

BBC Panorama, a flagship documentary programme, said on its website that an investigation revealed "chaos, incompetence and abuse" in the treatment of migrants in a programme which will be aired next week.

The incident has been reported to the police, the spokeswoman said. Officers were not immediately able to comment.

"The kind of behaviour alleged is completely unacceptable, and does a great disservice to the vast majority of staff who do a great job in very difficult circumstances," the spokeswoman said.

The issue highlights the difficulty of running sensitive services for the government and the potential reputational damage for outsourcing companies.

Earlier this year an investigation at the G4S-run Medway Secure Training Centre resulted in allegations of abuse and mistreatment of youngsters. The centre is now run by the government's National Offender Management Service.

Brook House, near Gatwick Airport, is staffed by more than 200 employees and has around 500 occupants. More than 14,000 people passed through it in the last year.

The unit houses a mix of those who have not fulfilled their visa requirements and criminals who are being deported.

(Reporting by Elisabeth O'Leary; editing by Kate Holton)

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Financials ( GBP)
Sales 2017 7 615 M
EBIT 2017 489 M
Net income 2017 253 M
Debt 2017 1 667 M
Yield 2017 3,52%
P/E ratio 2017 16,35
P/E ratio 2018 15,06
EV / Sales 2017 0,78x
EV / Sales 2018 0,73x
Capitalization 4 272 M
Chart G4S
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G4S Technical Analysis Chart | GFS | GB00B01FLG62 | 4-Traders
Technical analysis trends G4S
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 3,05  GBP
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Ashley Martin Almanza Chief Executive Officer & Executive Director
John P. Connolly Non-Executive Chairman
Timothy Peter Weller Chief Financial Officer & Executive Director
Clare Mary Joan Spottiswoode Independent Non-Executive Director
Kin Wah Fok Independent Non-Executive Director
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