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  >  Serco Group plc    SRP   GB0007973794

Delayed Quote. Delayed  - 07/29 05:35:05 pm
119.6 GBp   +1.70%
07/15 SERCO : welcomes BBC Celebrity MasterChef to Bisham Abbey
07/15 SERCO : *citigroup raises serco group price target to 115 (105) penc..
07/08 SERCO : Awarded New $12 Million C4I Contract with the U.S. Navy
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

G4S in talks with shareholders about possible cash call

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/14/2013 | 05:40pm CEST

British security firm G4S (>> G4S plc) has held talks with large investors about the prospects for tapping them for cash, a spokesman for the company said on Sunday.

British security firm G4S (>> G4S plc) has held talks with large investors about the prospects for tapping them for cash, a spokesman for the company said on Sunday.

G4S CEO Ashley Almanza has ordered a sweeping review of G4S and is expected to announce measures to try and repair its balance sheet when he reports half-year results in August, the spokesman confirmed.

Asked about the possibility of a rights issue, Almanza told Britain's The Sunday Times newspaper: "Shareholders have been asked about this. I will conduct a full review of the business and evaluate the various options, and we have many options. I have not given any signal either way."

His comments follow a difficult week for the company.

Britain said on Friday it would not be awarding any new contracts to G4S and rival Serco (>> Serco Group plc) until they received a clean bill of health from a government review after an audit found they had charged for tagging criminals who were either dead, in prison or never tagged in the first place.

Shares in G4S, which makes around 10 percent of its turnover from British government work, have tumbled 25 percent over the past year amid a series of scandals.

Its reputation was severely hit last year when it failed to provide enough security guards for the London Olympics and a profit warning in May led to the departure of long-serving chief executive Nick Buckles.

(Reporting by Tommy Wilkes, editing by William Hardy)

Stocks treated in this article : Serco Group plc, G4S plc
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SERCO GROUP PLC
07/15 SERCO : welcomes BBC Celebrity MasterChef to Bisham Abbey
07/15 SERCO : *citigroup raises serco group price target to 115 (105) pence - 'neutral..
07/08 SERCO : Awarded New $12 Million C4I Contract with the U.S. Navy
07/07 SERCO : *hsbc raises serco group to 'hold' ('reduce') - target 97 (86) pence
07/07 *TRADERS : Hsbc raises serco group to 'hold' ('reduce')
07/04 *TRADERS : Rbc capital cuts serco group to 'underperform' ('sector perform')
07/01 SERCO : Reserves Minister sees value military reserves bring to business
07/01 SERCO : *jpmorgan raises serco group price target to 133 (130) pence - 'neutral'
07/01 CITYFIBRE INFRASTRUCTURE : Partners With Gigaclear And Wins New Contract With Se..
06/30 CORRECT : Serco Affirms Expectation For 2016 To Be First Half Weighted
More news
Sector news : Business Support Services - NEC
07/29DJXEROX : Posts Higher-Than-Expected Profit
07/28 Marcato makes second investment in a week with Terex stake
07/28DJMARKET SNAPSHOT : Stocks Fall As Telecom Sells Off, Oil Tumbles
07/28 MASTERCARD : profit beats estimates on higher consumer spending
07/28DJMARKET SNAPSHOT : Stocks Fall As Oil Tumbles, Earnings Disappoint
More sector news : Business Support Services - NEC
News from SeekingAlpha
2015 Serco Group's (SECCF) CEO Rupert Soames on Q2 2015 Results - Earnings Call Tr..
2015 The Weekender
2015 Some Lessons From My Investment In Serco
2015 SERCO : Turning Around The Anonymous Giant
2015 Serco Group's (SECCF) CEO Rupert Soames on Q4 2014 Results - Earnings Call Tr..
Advertisement
Financials ( GBP)
Sales 2016 2 941 M
EBIT 2016 59,5 M
Net income 2016 17,7 M
Debt 2016 148 M
Yield 2016 -
P/E ratio 2016 54,42
P/E ratio 2017 53,73
EV / Sales 2016 0,50x
EV / Sales 2017 0,52x
Capitalization 1 314 M
More Financials
Chart SERCO GROUP PLC
Duration : Period :
Serco Group plc Technical Analysis Chart | SRP | GB0007973794 | 4-Traders
Full-screen chart
Technical analysis trends SERCO GROUP PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 16
Average target price 1,10  GBP
Spread / Average Target -8,1%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Rupert Christopher Soames Group Chief Executive Officer & Executive Director
Roy Alan Gardner Non-Executive Chairman
Edward J. Casey Group Chief Operating Officer & Executive Director
Angus George Cockburn Chief Financial Officer & Executive Director
Angie Susan Risley Independent Non-Executive Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
SERCO GROUP PLC24.66%1 738
VISA INC0.64%184 261
ACCENTURE PLC7.95%73 402
ECOLAB INC.3.50%34 721
ALLIANCE DATA SYSTEMS ..-16.25%13 652
CINTAS CORPORATION17.81%11 179
More Results