G4S raises dividend but investors remain concerned over growth - News Summed Up

G4S raises dividend but investors remain concerned over growth


G4S security staff at work during the Wimbledon tennis championships. The group’s shares fell after sales growth came in at the bottom of the target range DAN KITWOOD / GETTY IMAGESG4S has raised the dividend for the first time in two years and declared that a five-year reshaping of the security group is largely complete but failed to assuage investor concerns over growth. “We think the business is well positioned for growth,” he said. “We have raised the final dividend by 5 per cent and debt is below our target.” He added that the group was primed “to deliver a strong performance over the next three years”. The shares fell 3…


Source: The Times March 08, 2018 17:03 UTC



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