Report
Michael Field
EUR 100.00 For Business Accounts Only

Glad to See the Back of 2018, G4S Shares Offer Attractive Upside From Here

No-moat G4S delivered a set of full-year results in line with our expectations. A number of one-off charges, including a GBP 100 million settlement of a class-action lawsuit relating to a legacy issue around employee rest breaks, and a GBP 35 million charge relating to pension benefits with Lloyds banking group, had an impact on headline results. Overall, however, we did not see anything that materially changes our thoughts and future expectations of the business. As such, we reiterate our GBX 3...
Underlying
G4S plc

G4S is a security company that provides security and related services. Co.'s Secure Solutions products are comprised mainly of manned security and facilities management services, and its Cash Solutions products are comprised mainly of physical cash management services. Within the Secure Solutions services, Co. also provides: technology services, comprising the supply, installation and monitoring of alarm systems, and security and building systems technology; facilities management; and care and justice services. Within the Cash Solutions services, Co. also provides technology services to retailers, comprising hardware and software for customer cash management and related services.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Field

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