StockMarketWire.com - G4S said revenue grew 4.9% in the third quarter as growth in its security business partly offset lower revenues in its ancillary care and justice services.

Revenue growth was 4.9% for the third quarter and 4.7% for the nine months.

Organic revenue growth was 4.3% for the third quarter and 4.2% for the first nine months of 2019.

Organic growth of 4.9% in its security business was partially offset by a 3.2% decline in revenue in its ancillary care and justice services.

The company also said that recent sterling strength means that applying October 2019 closing rates to underlying results for the nine months ended 30 September would result in a reduction in revenues of 2.0% and reduction in adjusted PBITA of 2.1%.


At 8:30am: [LON:GFS] G4S PLC share price was +0.25p at 205.05p



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