G4S presents 2017 segmental results reflecting new organisation structure

  • 11 Jul 2018 19:05

In accordance with IFRS, the presentation of G4S’s results from H1 2018 onwards will reflect the new organisation structure which was implemented on 1 January 2018.  

G4S PRESENTS 2017 SEGMENTAL RESULTS REFLECTING NEW ORGANISATION STRUCTURE

This saw the creation of new management structures for Secure Solutions and Global Cash Solutions which has enabled us to further strengthen the Group’s strategic, commercial and operational focus in each of our core service lines.

In addition, the presentation of the Group’s results will reflect the:

• elimination of the separate presentation of portfolio businesses as the portfolio programme is substantially complete; and
• introduction of the separate presentation of the impact of business disposals in the current and prior year. 
These presentational changes do not change the Group’s audited prior period results.

Ahead of the announcement of its half year 2018 results on 9 August, to aid comparison with prior periods, a summary of the Group’s results for H1 2017 and FY 2017 reflecting the above changes and presented at average exchange rates for the six months ended 30 June 2018 is set out below:
 

£m

HY 2017

FY 2017

 

 

Revenue

Adjusted

PBITA

 

EPS

 

Revenue

Adjusted

PBITA

 

EPS

 

 

 

 

 

 

 

Core businesses

as previously reported

3,715

235

8.3

7,427

496

17.9

Portfolio businesses as

previously reported

200

2

(0.1)

282

(5)

(1.0)

Business disposals:

2017 & 2018

(156)

(10)

(0.4)

(197)

(14)

(0.4)

Underlying businesses at

actual exchange rates

3,759

227

7.8

7,512

477

16.5

Exchange differences

(167)

(9)

(0.5)

(257)

(14)

(0.5)

Underlying businesses at

H1 2018 exchange rates

3,592

218

7.4

7,255

463

16.1

Reconciliations of the segmental and total group results as previously reported to those reported in the new structure are set out at the end of this announcement. 

Read the full announcement here

investor enquiries

for more investor relations information please contact:

Helen Parris

Director of Investor Relations

Media Enquiries

for more information please contact:

sophie McMillan

Head of Media
^