2017 full year Results

  • 08 Mar 2018 07:30

G4S today announces its Full Year Results for the twelve months ended 31 December 2017

2017 Full Year Results highlights

G4S Chief Executive Officer Ashley Almanza said, “G4S has delivered another year of profitable growth and good cash generation, enabling us to invest in our growth, technology and productivity programmes and, at the same time, strengthen our balance sheet. 

Operational and financial highlights – Core businesses:

  • Profitable growth: PBITAb +4.2% (10.9% ex Middle East & India)
  • Strong growth in technology-related security revenues: +11.4%
  • Growing deployment of Cash solutions technology: 19,500 locations +30%
  • Disciplined growth reflected in improving margins: 6.7% (2016: 6.6%)
  • Productivity gains on track: £90m to £100m by 2020
  • Operating cash conversion: 106% (2016: 133%)
  • Financial strength: net debt to EBITDAd of 2.4x (2016: 2.8x)
  • Final Dividend +5%: 6.11p per share (2016: 5.82p); Full year 9.70p per share (2016: 9.41p)

 

Core Businessesa

Constant Rates

Statutory Resultse

Actual Rates

 

2017

2016

%

2017

2016

%

Revenue

£7,427m

£7,195m

+3.2

£7,828m

£7,590m

+3.1

Adjusted PBITAb

£496m

£476m

+4.2

£491m

£461m

+6.5

Adjusted PBITAb margin

6.7%

6.6%

-

6.3%

6.1%

-

Earningsc

£277m

£262m

+5.7

£236m

£198m

+19.2

Earnings Per Sharec

17.9p

16.9p

+5.9

15.2p

12.8p

+18.8

Operating Cash Flow

£527m

£633m

(16.7)

£488m

£615m

(20.7)

a See page 4 for a reconciliation of Group results.
b Adjusted PBITA is explained and defined on page 30 in the basis of preparation of Alternative Performance Measures.
c Earnings is defined as profit attributable to equity shareholders of G4S plc. Earnings and earnings per share (“EPS”) from core businesses exclude specific and other separately disclosed items, as explained on page 31, and are reconciled to statutory earnings and EPS on page 4.
d Net debt to EBITDA, identified as net debt to Adjusted EBITDA throughout the rest of the full year results announcement, is an Alternative Performance Measure as defined on page 31 and is adjusted to exclude specific and separately disclosed items.
e See page 19 for the basis of preparation of statutory results.

The outlook for the Group is positive: our strong market positions, commercial discipline, growing technology-related revenues, positive cash generation and on-going productivity programmes provide substantial confidence that the Group is well positioned to deliver a strong performance over the next three years.”

Read the full announcement here

Download the presentation slides

View video of Brian McCabe discussing cash automation

Presentation of results

G4S plc will be holding its 2017 Full Year Results Presentation to institutional investors and analysts on Thursday 8th March at 09.00am UK time.

There will also be a video webcast and telephone dial in facility of the presentation on the day.  To register for the webcast please paste the link below into your browser and follow the on-screen instructions

Webcast

http://view-w.tv/707-803-19272/en

Please note there will also be a telephone dial-in facility for this event, the call details are below:

Standard International Access: +44 (0) 20 3003 2666
UK Toll Free : 0808 109 0700
Copenhagen : +45 3272 9273
Denmark Toll Free : 8088 8649
New York : +1 212 999 6659
USA Toll Free: 1 866 966 5335

Password : G4S
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