Interim Management Statement
(Thomson Reuters ONE) - 9 November 2009 G4S PLC INTERIM MANAGEMENT STATEMENTG4S, the international security solutions group, will be updatinganalysts and investors today on trading for the year to date,including an overview of financial performance to 30 September 2009.There have been no material changes in trading performance, financialposition or market conditions across the various G4S businesses sincethe half yearly results announcement for the six months to June 2009.Trends from the first half continued into the third quarter,including slightly slower growth in developed markets' commercialsecurity services, offset by continued strong performances ingovernment and new markets. The improvement in the operating marginachieved at the half year was maintained.An overview of the financial performance for the nine months to 30September 2009 is as follows:In the first nine months of 2009 overall revenues grew by 23% atactual exchange rates compared to the same period last year and by 9%at constant exchange rates. Operating profits were up 25% at actualrates and up 12% at constant rates. The group operating marginimproved by 0.1% at actual rates and by 0.2% at constant rates.Organic GrowthOverall organic growth was 4.2%, despite a lower inflationenvironment, with around 1.6% in developed markets and 12.3% in newmarkets.§ In secure solutions, organic growth was 3.8% as a result oflower growth in Europe and North America commercial services, offsetby a continued strong performance in government and new markets.§ Cash solutions continued to deliver strong organic growthat around 5.9%.MarginsOverall margins were ahead by 0.2% (at constant exchange rates) onthe same period last year.§ Secure solutions margins were up by 0.1%. Margins in newmarkets were up 0.3% with strong performances in the Middle East andAfrica.§ In cash solutions, trading continued to be strong withmargins up 0.7% on the prior year helped by improved profitability inEurope and North America.Acquisitions & DivestmentsNo significant acquisitions have been made since the half year. G4Sinvested a total of approximately £54.8m on acquisitions during thefirst half of the year. Of this, £19.7m was invested in capabilitybuilding acquisitions such as a juvenile justice business in the USand SecuraMonde, a global cash management consultancy based in theUK. G4S also purchased minority interests for a total of £33.5m andpaid a further £1.6m in deferred consideration from previousacquisitions. The disposal of the French security business was alsocompleted in the first half of 2009.Financial positionOur financial position continues to be strong and we have currentheadroom from committed funds of more than £550 million. Cash flowalso remains strong and we are on track to hit our cash conversiontarget of 85% of PBITA for the full year.OutlookOur businesses have continued to perform well despite facingchallenging market conditions. In the first nine months of 2009 thegroup has achieved robust organic growth and margin improvement andwe remain confident that we can deliver a strong performance in 2009and into 2010.For further enquiries, please contact:HelenParris +44 (0) 1293 554400Media Enquiries:Kevin Smith, Citigate DeweRogerson +44 (0) 7973 672649AlisonFlynn+44 (0) 1293 5544000High resolution images are available for the media to view anddownload free of charge from www.vismedia.co.uk.Notes to Editors:G4S is the world's leading international security solutions group,which specialises in outsourced business processes in sectors wheresecurity and safety risks are considered a strategic threat.G4S is the largest employer quoted on the London Stock Exchange andhas a secondary stock exchange listing in Copenhagen. G4S hasoperations in over 110 countries and over 585,000 employees. Formore information on G4S, visit www.g4s.com.An investor and analyst conference call is taking place today at09.00 (UK time). To register for the conference call (and access freeinternational dial in codes), please click on the following link andfollow the instructions:https://eventreg1.conferencing.com/webportal3/reg.html?Acc=998166&Conf=168705or dial +44 2071620035; Conference PIN 829992Preliminary results for the year to 31 December 2009 will bepublished on 16 March 2010.---END OF MESSAGE---http://hugin.info/141489/R/1353439/327824.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 09.11.2009 - 08:00 Uhr
Sprache: Deutsch
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