Business case: In G4S we trust
Sector: Security services
Track record
- Created in 2004 from the merger of Group 4 Falck and Securicor
- Second largest private-sector employer in the world (after Walmart), with 625,000 staff worldwide, including 50,000 in the UK
- Increased turnover, profits and dividends every year since 2005 to reach £7.4bn in revenues and £330m in pre-tax profits in 2010
- Operates in 125 countries worldwide, led from a tiny HQ in West Sussex with 120 employees
Business strategy
When UK government officials visit G4S’s HQ in Crawley they can feel reassured about one thing – that the private sector security services provider isn’t wasting taxpayers’ money on a bloated centre or extravagant offices.
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