G4S presents 2019 segmental results reflecting the restatement for recent business disposals and foreign exchange rates
G4S presents 2019 segmental results
Ahead of the announcement on 12 August 2020 of its half-year results to 30 June 2020 , to aid comparison with the results of prior periods, a summary of the Group’s results for HY 2019 and FY 2019, based on alternative performance measures, reflecting businesses sold, and presented at average exchange rates for the five months ended 31 May 2020, is set out below:
| £M | HY 2019 | FY 2019 | ||||
|---|---|---|---|---|---|---|
| Revenue |
Adjusted PBITA |
EPS | Revenue |
Adjusted PBITA |
EPS | |
| Underlying results as previously reported | 3,747 | 234 | 234 | 7,672 | 501 | 17.0 |
| Business disposals | (305) | (38) | (1.4) | (625) | (82) | (3.2 |
| Underlying results at actual exchange rates | 3,442 | 196 | 6.3 | 7,047 | 419 | 13.8 |
| Exchange differences | (50) | (1) | - | (137) | (6) | (0.2) |
| Underlying results at May 2020 exchange rates | 3,392 | 195 | 6.3 | 6,910 | 413 | 13.6 |
Business disposals include the businesses sold to The Brink’s Company (“Brink’s”) as part of the sale of the majority of the conventional cash businesses announced on 26 February 2020, including those disposals which have not yet completed, as well as two other minor businesses closed.
Reconciliations from the segmental and total Group results as previously reported, are set out at the end of this announcement.