G4S says trading in line with full-year targets
Reuters
Published May 09, 2018 07:26
G4S says trading in line with full-year targets
LONDON (Reuters) - G4S (L:GFS), the world's biggest security group, said it expected growth to accelerate in the second half of the year after organic revenue fell 2 percent in the first quarter due to tough comparatives with last year.
G4S, which provides outsourced services such as guarding, security and cash management, said it was building up a strong pipeline in its retail cash solutions business in North America and overall trading in line with its full-year targets.
"We expect growth to accelerate in the second half of 2018 as the strong first-half comparatives from Retail Cash Solutions roll off, our new contracts mobilise and our productivity programmes deliver benefits to the bottom line," said ChiefExecutive Ashley Almanza.
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Written By: Reuters
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