Securicor plc - Trading Update

  • 24 Feb 2004 13:55
Securicor plc, the international security solutions group, has this morning issued a joint announcement with Group 4 Falck A/S concerning the proposed merger between Securicor and Group 4 Falck's security businesses.
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Securicor's organic growth is currently running at a rate of 5% year on year and margins are improving. Cash Services is progressing well, with strong performances in key markets such as the Netherlands and the UK.

The Security division has shown satisfactory progress, with the US business achieving break-even and improved profitability in Europe. Overall, Securicor has had a good start to 2004.

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