Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  London Stock Exchange  >  G4S plc    GFS   GB00B01FLG62

G4S PLC (GFS)

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

G4S plc : Proposed Divestment of G4S Government Solutions, Inc. (USA)

share with twitter share with LinkedIn share with facebook
share via e-mail
0
03/05/2013 | 01:52pm CEST

G4S, the international security solutions group, today announces that, following a strategic business review, it has decided to divest its US Government Solutions business

G4S Government Solutions, Inc. provides security, fire protection, facilities management, training and mine clearance services to US Government organisations including the Departments of Energy, Homeland Security and Defense in addition to international organisations such as NATO and the United Nations, both within the United States and overseas.

G4S Government Solutions operates sensitive Government contracts requiring high level security clearances and is therefore managed under a proxy board structure in order to comply with US national security regulations. The company believes that an alternative parent would be able to create or add more value to the business than G4S. As a non-US parent, with restricted access to important commercial data, our ability to manage the business and share best practice is severely limited.

In 2012, G4S Government Solutions, Inc. had annual revenues of around £400 million.

G4S will retain its highly-regarded US commercial security business which provides a broad range of security services and technology to commercial companies and Government departments at a Federal, State and local level, where high level security clearances are not required. The revenues of this business, combined with G4S' other ongoing US operations totalled around £1.2 billion in 2012.

Houlihan Lokey has been appointed to manage the divestment process and it is expected that the transaction will be completed within the next six months, subject to all necessary approvals.

Contact details
  • Helen Parris (Director of Investor Relations) : +44 (0) 1293 554400
Media Enquiries
  • Adam Mynott (Director of Media Relations) : +44 (0) 1293 554400
About G4S

G4S is the world's leading secure outsourcing group, specialising in outsourcing of 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 over 657,000 employees.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on G4S PLC
05/26 G4S PLC UK DK : Director/PDMR Shareholding
05/25 G4S : Secure Solutions (USA) Names Sergeant Douglas Dang Security Officer of the..
05/25 G4S : Notification of major shareholding by blackrock inc
05/25 G4S : AGM 2017 Poll Results
05/25 G4S PLC UK DK : Poll Results of 2017 Annual General Meeting
05/23 G4S : PDMR transaction - Initial Notification
05/23 G4S PLC UK DK : Director/PDMR Shareholding - Dematerialisation of certificated h..
05/22 G4S : and G4S International Finance plc Publication of Supplementary Prospectus
05/19 G4S PLC UK DK : Publication of a Supplement dated 18 May 2017 to the Offering Ci..
05/18 G4S : Africa supports small business development through cash management technol..
More news
Sector news : Business Support Services - NEC
05/17 FTSE breaks nine-day winning streak as miners, British Land fall
05/12 GERMAN PACKAGING GROUP CONSTANTIA LA : sources
04/28 Strongest week since December for European shares as investors pile in
03/30 FTSE ends little changed, support from mining stocks
03/24 Private equity firm Cinven in talks to buy chemicals firm CHRYSO
More sector news : Business Support Services - NEC
News from SeekingAlpha
03/24 Security tightens across Europe
03/08 G4S Plc reports FY results
2016 HOW TO INVEST IN ROBOTICS : The Non-Obvious Way
2016 G4S close to selling Israeli business
2016 G4S (GFSZF) CEO Ashley Almanza on Q2 2016 Results - Earnings Call Transcript
Advertisement
Financials ( GBP)
Sales 2017 7 669 M
EBIT 2017 493 M
Net income 2017 251 M
Debt 2017 1 627 M
Yield 2017 2,99%
P/E ratio 2017 19,65
P/E ratio 2018 17,73
EV / Sales 2017 0,88x
EV / Sales 2018 0,82x
Capitalization 5 089 M
More Financials
Chart G4S PLC
Duration : Period :
G4S plc Technical Analysis Chart | GFS | GB00B01FLG62 | 4-Traders
Full-screen chart
Technical analysis trends G4S PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 18
Average target price 2,97  GBP
Spread / Average Target -9,4%
Consensus details
EPS Revisions
More Estimates 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
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
G4S PLC39.15%6 514
ALLIANCE DATA SYSTEMS ..6.80%13 587
CINTAS CORPORATION8.31%13 182
VANTIV INC4.68%12 299
BUREAU VERITAS16.16%10 561
UNITED RENTALS, INC.5.29%9 395
More Results