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

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

G4S PLC (GFS)

Delayed Quote. Delayed  - 09/27 05:35:01 pm
229.4 GBp   -1.46%
09/23 G4S : Tim Weller's Appointment as Chief Financial Officer
09/23 G4S PLC UK DK : Directorate change
09/12 *TRADERS : Stifel cuts g4s to 'sell' ('hold')
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

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
09/23 G4S : Tim Weller's Appointment as Chief Financial Officer
09/23 G4S PLC UK DK : Directorate change
09/12 *TRADERS : Stifel cuts g4s to 'sell' ('hold')
09/08 *TRADERS : Morgan stanley raises g4s to 'overweight' ('underweight')
09/08 G4S : Satellite tracking system helps deter South American truck hijackers
09/08 G4S : *goldman raises g4s price target to 254 (189) pence - 'neutral'
09/08 G4S : Security Experts at Cisco, Siemens, ImageWare and CerbAir Discuss Threats ..
09/01 G4S PLC : ex-dividend day for interim dividend
08/31 G4S : *ubs raises g4s price target to 260 (240) pence - 'buy'
08/30 G4S : Petrofac names former BG executive as CFO
More news
Sector news : Business Support Services - NEC
09/26DJAppeals Court Tosses Antitrust Judgment Against American Express
09/15DJWAL MART STORES : Mart Expands Move to Boycott Visa Cards in Canada -- Update
09/15DJWAL MART STORES : Mart Expands Move to Boycott Visa Cards in Canada
09/15DJWAL MART STORES : Mart Expands Move to Boycott Visa Cards in Canada
09/14DJObama Administration Makes Last-Ditch Push for Trade Vote
More sector news : Business Support Services - NEC
News from SeekingAlpha
08/16 G4S close to selling Israeli business
08/11 G4S (GFSZF) CEO Ashley Almanza on Q2 2016 Results - Earnings Call Transcript
08/10 G4S Plc reports H1'16 results
06/13 G4S slumps after employee identified as Orlando shooter
03/09 G4S' (GFSZF) CEO Ashley Almanza on Q4 2015 Results - Earnings Call Transcript
Advertisement
Financials ( GBP)
Sales 2016 6 763 M
EBIT 2016 417 M
Net income 2016 178 M
Debt 2016 1 828 M
Yield 2016 4,09%
P/E ratio 2016 19,60
P/E ratio 2017 16,96
EV / Sales 2016 0,80x
EV / Sales 2017 0,74x
Capitalization 3 612 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
TrendsNeutralBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 2,23  GBP
Spread / Average Target -4,2%
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 & Independent Director
John C. Kenning CEO-North America Region & Technology
Clare Mary Joan Spottiswoode Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
G4S PLC4.57%4 688
VISA INC5.49%193 138
ACCENTURE PLC8.83%74 001
ECOLAB INC.3.98%34 679
ALLIANCE DATA SYSTEMS ..-23.55%12 375
CINTAS CORPORATION24.32%12 096
More Results