G4S PLC said Monday that it has had a resilient performance in the first eight months of the year, with a slight slip in revenue offset by cost controls, and underlying earnings ahead of 2019 levels. For the eight months ended Aug. 31, overall revenue was just 1.9% lower overall, which was offset by tighter cost control and reduced interest costs. Secure Solutions' revenue--which represents 93% of total revenue--was broadly in line with 2019 levels.
Source: Wall Street Journal September 21, 2020 06:22 UTC