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UK's G4S posts revenue slightly below expectations but outlook bright

Thu, 08th Mar 2018 07:20

EDINBURGH, March 8 (Reuters) - The world's largest securitygroup G4S said ?its 2017 revenue and earnings rose 3.2percent and 5.7 percent respectively and predicted a positiveoutlook for its business backed by growing technology-relatedincome.

G4S, which provides outsourced services such as guarding,security and cash management, said revenue rose to 7.43 billionpounds ($597.36 million), below analyst expectations for 7.55billion pounds, but within in a lower range it had a forecastlate last year of between 3 and 4 percent growth.

($1 = 0.7198 pounds)(Reporting by Elisabeth O'Leary; editing by Kate Holton)

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