The world's largest security firm, G4S, has scored a huge contract for provide security services at Oslo airport in Norway.
Under the contract, which is worth $400m (around £250m), G4S will deliver services which range from ground security to cargo checks, according to Reuters.
The company has had a difficult time in recent months, following the now infamous Olympics debacle and worse-than-expected interim results announced in August.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The share price dropped 50p in July following the Olympics scandal and since then has risen back up to the 265p mark. Over the past 12 years the stock is up almost 10%, equal to 23p.
NR
-
House prices rise 2.9% – will the recovery continue?House prices grew by 2.9% on an annual basis in September. Will Budget policies and ‘higher-for-longer’ rates dent the recovery?
-
Nvidia earnings: what to expectNvidia announces earnings after market close on 20 November. What should investors expect from the semiconductor giant?
