CRAWLEY (dpa-AFX) - G4S plc (GFS.L, GFSZY.PK) Tuesday reported a decline in 2011 pretax profit to 279 million pounds from the year-ago 335 million pounds. Profit from operations before interest and taxation, or PBIT, was 375 million pounds this year compared to 438 million pounds last year, while PBIT before amortization, impairment, and exceptional items, or PBITA, edged up to 531 million pounds from 530 million pounds.
On a per-share basis, earnings fell to 2.9 pence from 15.9 pence. Adjusted earnings, however, went up to 22.8 pence per share from 21.9 pence per share.
Revenue for the year was 7.52 billion pounds, rising from the prior-year's 7.26 billion pounds. The Secure Solutions segment saw revenues climb to 6.22 billion pounds from 5.97 billion pounds. Revenues from the Cash Solutions segment were 1.30 billion pounds in 2011 and 1.29 billion pounds in 2010.
The company's Board also recommended an 8.0 percent hike in final dividend to 5.11 pence per share, thus also raising total dividend for the year by 8.0 percent to 8.53 pence per share.
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