Yannick De Smet Strategic Solutions Manager for G4S in Belgium looks at how the security industry might change following the impact of the coronavirus pandemic... Businesses around the world are planning for tomorrow and considering what the new normal will be. The central question for security professionals is How will our industry change in a post Covid-19 world? To begin answering such a big question we first need to look at how society has adapted and changed during the Covid-19 pandemic and which of those changes will continue to be perceived as normal even when Covid-19 is no longer a clear and present danger. In other words what are the habits impacts and trends of the Covid-19 crisis and can we identify which of these are likely to remain in the future? These new normals will be the foundation upon which future security will be built. As part of the G4S Academy we have created a guide that looks in detail at these new habits impacts and trends and predicts how they will influence the security solutions that become the new normal . The most significant changes as a result of Covid-19 can be categorised into three groups; societal habits economic impacts and security trends. SOCIETAL HABITS We have seen and will continue to see a huge change in our societal habits for example an increased focus on health protection and social awareness plus a dramatic reduction in travel and we expect this to continue to some degree in the post Covid-19 world. There will be continued attention on infection prevention and control. We expect to see more fever detection and screening systems and a faster deployment and wider acceptance of personal protective measures both with physical distancing and the use of PPE. Remote working remote shopping remote sporting remote entertainment everything has turned remote and the most surprising fact for many is that it is working. People adapted to the obligation of keeping a safe distance and have adopted the remote technology that was already present in their lives. For example remote monitoring by virtual security checks as an alternative to physical officers rounds has been in high demand and this will probably remain so. ECONOMIC IMPACTS Covid-19 has had financial implications for many and the OECD has reported a sharp contraction in household spending. Most leisure and culture sectors were at a stand still for many weeks. With less or no revenue coming in and production halted companies have started cutting costs. Security activities are being rationalised and it will be more important than ever to provide solutions that are lean and efficient. This will require security professionals to be more agile meaning they will need to have the ability to put new operating models in place (internal or external) supported by the right processes and governance. It is important for customers to know the quality of what they are purchasing when it comes to security not just the cost. Solutions that are agile are not always the cheapest but will be able to flex and adapt to challenges quickly and without compromising the assets they seek to protect. Other significant economic impacts of the pandemic will be seen from increased unemployment and the potential resulting increase in crime. The International Labour Organisation estimated that in the second quarter of 2020 worldwide working hours have declined by 6.7% which is equivalent to 195 million full-time workers losing their jobs globally. This increased unemployment is all the more alarming when considered alongside scientific research conducted in the UK and Italy which found that in those countries up to 80 000 additional monetary crimes were committed each year for every percentage point that the unemployment rate increases. Another economic factor to consider is the movement of goods and services across borders. As the virus spread borders closed and countries went into lockdown and sourcing products locally sometimes became the only solution. The repercussions of this trend could be seen when companies are forced to depend on local products as supply from beyond country borders may be limited. If supply streams come under pressure the importance of securing them will increase. SECURITY TRENDS Since the start of the pandemic global messaging has consistently purported the benefits of staying home avoiding crowded places and particularly the need to minimise physical contact. This has unsurprisingly led to a rise in interest for technology by which processes or procedures are performed with minimal human contact especially contactless technology . We can expect a lasting impact in security trends in this area for example automated customer counting and flow control (to comply with social distancing rules in shops) facial recognition integrated fever screening and detection remote monitoring systems robotics and drones etc. However automation must be carefully managed. We always stress to our customers that automation does not mean the replacement of people. Far from it. For an automated system to be effective it becomes even more important to have reliable and accurate human input in order to respond if something goes wrong. People are less involved but their involvement becomes more critical. Perhaps one of the most notable consequences of the Covid-19 crisis is that it has given the digital transformation an immense boost. At the root of this boost is the remote everything habit that it has been necessary to adopt. We believe that digitisation will continue including in security where Risk Operations Centres (ROCs) will play a central role. They will be the hub where the digitised information is centralised and where smart operators (people supported by artificial intelligence) will act upon the information received as agreed with the customer. WHAT NEXT? New threats may emerge following the pandemic making it more important than ever that threat and risk analysis is a part of every company s continuous improvement plan. Gathering intelligence and processing it will become an essential activity of every security professional. Similarly companies will have to consider their security needs and with more people working remotely the need to protect just an office building is extended to employees homes. No one has a crystal ball to look into the future but by analysing the current impact trends and habits formed during the pandemic we can glimpse what the new normal for security might be. To find out more about how these new normals will impact your security needs please download the full report (click the link below) which was developed as a result of a global collaboration by G4S Academy specialists. https://www.g4s.com/what-we-do/security-in-the-new-normal
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Yannick De Smet Strategic Solutions Manager for G4S in Belgium looks at how the security industry might change following the impact of the coronavirus pandemic... Businesses around the world are planning for tomorrow and considering what the new normal will be. The central question for security professionals is How will our industry change in a post Covid-19 world? To begin answering such a big question we first need to look at how society has adapted and changed during the Covid-19 pandemic and which of those changes will continue to be perceived as normal even when Covid-19 is no longer a clear and present danger. In other words what are the habits impacts and trends of the Covid-19 crisis and can we identify which of these are likely to remain in the future? These new normals will be the foundation upon which future security will be built. As part of the G4S Academy we have created a guide that looks in detail at these new habits impacts and trends and predicts how they will influence the security solutions that become the new normal . The most significant changes as a result of Covid-19 can be categorised into three groups; societal habits economic impacts and security trends. SOCIETAL HABITS We have seen and will continue to see a huge change in our societal habits for example an increased focus on health protection and social awareness plus a dramatic reduction in travel and we expect this to continue to some degree in the post Covid-19 world. There will be continued attention on infection prevention and control. We expect to see more fever detection and screening systems and a faster deployment and wider acceptance of personal protective measures both with physical distancing and the use of PPE. Remote working remote shopping remote sporting remote entertainment everything has turned remote and the most surprising fact for many is that it is working. People adapted to the obligation of keeping a safe distance and have adopted the remote technology that was already present in their lives. For example remote monitoring by virtual security checks as an alternative to physical officers rounds has been in high demand and this will probably remain so. ECONOMIC IMPACTS Covid-19 has had financial implications for many and the OECD has reported a sharp contraction in household spending. Most leisure and culture sectors were at a stand still for many weeks. With less or no revenue coming in and production halted companies have started cutting costs. Security activities are being rationalised and it will be more important than ever to provide solutions that are lean and efficient. This will require security professionals to be more agile meaning they will need to have the ability to put new operating models in place (internal or external) supported by the right processes and governance. It is important for customers to know the quality of what they are purchasing when it comes to security not just the cost. Solutions that are agile are not always the cheapest but will be able to flex and adapt to challenges quickly and without compromising the assets they seek to protect. Other significant economic impacts of the pandemic will be seen from increased unemployment and the potential resulting increase in crime. The International Labour Organisation estimated that in the second quarter of 2020 worldwide working hours have declined by 6.7% which is equivalent to 195 million full-time workers losing their jobs globally. This increased unemployment is all the more alarming when considered alongside scientific research conducted in the UK and Italy which found that in those countries up to 80 000 additional monetary crimes were committed each year for every percentage point that the unemployment rate increases. Another economic factor to consider is the movement of goods and services across borders. As the virus spread borders closed and countries went into lockdown and sourcing products locally sometimes became the only solution. The repercussions of this trend could be seen when companies are forced to depend on local products as supply from beyond country borders may be limited. If supply streams come under pressure the importance of securing them will increase. SECURITY TRENDS Since the start of the pandemic global messaging has consistently purported the benefits of staying home avoiding crowded places and particularly the need to minimise physical contact. This has unsurprisingly led to a rise in interest for technology by which processes or procedures are performed with minimal human contact especially contactless technology . We can expect a lasting impact in security trends in this area for example automated customer counting and flow control (to comply with social distancing rules in shops) facial recognition integrated fever screening and detection remote monitoring systems robotics and drones etc. However automation must be carefully managed. We always stress to our customers that automation does not mean the replacement of people. Far from it. For an automated system to be effective it becomes even more important to have reliable and accurate human input in order to respond if something goes wrong. People are less involved but their involvement becomes more critical. Perhaps one of the most notable consequences of the Covid-19 crisis is that it has given the digital transformation an immense boost. At the root of this boost is the remote everything habit that it has been necessary to adopt. We believe that digitisation will continue including in security where Risk Operations Centres (ROCs) will play a central role. They will be the hub where the digitised information is centralised and where smart operators (people supported by artificial intelligence) will act upon the information received as agreed with the customer. WHAT NEXT? New threats may emerge following the pandemic making it more important than ever that threat and risk analysis is a part of every company s continuous improvement plan. Gathering intelligence and processing it will become an essential activity of every security professional. Similarly companies will have to consider their security needs and with more people working remotely the need to protect just an office building is extended to employees homes. No one has a crystal ball to look into the future but by analysing the current impact trends and habits formed during the pandemic we can glimpse what the new normal for security might be. To find out more about how these new normals will impact your security needs please download the full report (click the link below) which was developed as a result of a global collaboration by G4S Academy specialists. https://www.g4s.com/what-we-do/security-in-the-new-normal
The Director of HR and Facility Management Ms. Sumaira Yasmin said These past few months have been challenging to everyone worldwide. Many people struggle to cope up with the impact of this pandemic including our employees who work in the frontlines to continuously provide safety and security to our customer s premises staff and visitors. They are basically risking their own lives by working day and night so that our customers will feel more secure. For this reason we have decided this year to share the joy and blessings of this holy month to our hardworking employees. They are one of the reasons why our company is still standing up to this point and we would like to honour them by providing their essential needs. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 1771 4409 / 0994 email: security@bh.g4s.com or visit www.g4s.com
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The Director of HR and Facility Management Ms. Sumaira Yasmin said These past few months have been challenging to everyone worldwide. Many people struggle to cope up with the impact of this pandemic including our employees who work in the frontlines to continuously provide safety and security to our customer s premises staff and visitors. They are basically risking their own lives by working day and night so that our customers will feel more secure. For this reason we have decided this year to share the joy and blessings of this holy month to our hardworking employees. They are one of the reasons why our company is still standing up to this point and we would like to honour them by providing their essential needs. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 1771 4409 / 0994 email: security@bh.g4s.com or visit www.g4s.com
G4S the leading global integrated security company recently expanded its Bahrain business and now offers solution for the effective management of facilities and services which will have a significant positive impact on operational efficiency and business performance. Facilities management services they provide include Residential and Commercial Cleaning Landscape Care and Maintenance Office Support Personnel General / Room Attendants Receptionists Drivers / Messengers Housekeeping Trolley Management Services Document Check amongst others. G4S delivers individual customer requirements with flexible service and dynamic performance. Successful organizations entrust them with their assets and services safe in the knowledge that they are managed to the highest standards by committed and skilled people. These services ensure that you always present a professional well-managed and clean workplace to both your employees and customers. G4S s strategic aim is to demonstrate the values and performance that make G4S the company of choice for their customers and employees. With a 100-year legacy of innovation in the security business they aim to deliver expert innovative solutions and outstanding service to their customers and provide an engaging and rewarding environment for their people. The demand on providing facilities management services is growing in the country hence we are delighted to announce the opening of our new branch under the name of G4S General Cleaning and Maintenance Services WLL which is a subsidiary of our main company G4S Secure Solutions Bahrain WLL said Sumaira Yasmin G4S Bahrain Managing Director. As the leading global security provider G4S has a unique global footprint with operations in over 90 countries. We have a truly global business with large established market positions in developed markets and outstanding positions in fast growing emerging markets. With a team of more than 540 000 employees globally and over 500 professionals locally G4S provide tailored integrated security solutions and facility management solutions for buildings infrastructure valuables and people committed to supporting our partners. Sumaira Yasmin added. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 973 17 714-409 973 17 710-994 or visit www.g4s.com/en-bh
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G4S the leading global integrated security company recently expanded its Bahrain business and now offers solution for the effective management of facilities and services which will have a significant positive impact on operational efficiency and business performance. Facilities management services they provide include Residential and Commercial Cleaning Landscape Care and Maintenance Office Support Personnel General / Room Attendants Receptionists Drivers / Messengers Housekeeping Trolley Management Services Document Check amongst others. G4S delivers individual customer requirements with flexible service and dynamic performance. Successful organizations entrust them with their assets and services safe in the knowledge that they are managed to the highest standards by committed and skilled people. These services ensure that you always present a professional well-managed and clean workplace to both your employees and customers. G4S s strategic aim is to demonstrate the values and performance that make G4S the company of choice for their customers and employees. With a 100-year legacy of innovation in the security business they aim to deliver expert innovative solutions and outstanding service to their customers and provide an engaging and rewarding environment for their people. The demand on providing facilities management services is growing in the country hence we are delighted to announce the opening of our new branch under the name of G4S General Cleaning and Maintenance Services WLL which is a subsidiary of our main company G4S Secure Solutions Bahrain WLL said Sumaira Yasmin G4S Bahrain Managing Director. As the leading global security provider G4S has a unique global footprint with operations in over 90 countries. We have a truly global business with large established market positions in developed markets and outstanding positions in fast growing emerging markets. With a team of more than 540 000 employees globally and over 500 professionals locally G4S provide tailored integrated security solutions and facility management solutions for buildings infrastructure valuables and people committed to supporting our partners. Sumaira Yasmin added. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 973 17 714-409 973 17 710-994 or visit www.g4s.com/en-bh
G4S the leading global security company has been independently assessed and included as a constituent of the FTSE4Good Index Series in 2019 for the third year running. This inclusion recognises G4S s strong commitment to social responsibility and sustainable business practices across the group. The FTSE4Good index series is a leading socially responsible investment (SRI) indicator developed by FTSE Russell a part of the London Stock Exchange Group. It is designed to measure the performance of companies demonstrating strong environmental social and governance (ESG) practices. G4S Head of CSR & Government Affairs Nigel Lockwood said We take a holistic approach to social responsibility and are mindful of our societal impact. Our continuing commitment to conducting our business in a way that is ethically responsible safe and consistent with the company s values and standards is core to the sustainable success of G4S. G4S employees deliver services around the world which contribute to the creation of a safer society in which millions of people live and work. We are proud of the role they play in society and of the positive contribution which G4S makes to advance standards and help to deliver on the UN Sustainable Development Goals in particular the SDG 8 (Decent Work & Economic Growth) and SDG 16 (Peace Justice & Strong Institutions). Further information on G4S s approach to social responsibility and sustainable business matters can be found in the G4S 2018 Integrated Report .
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G4S the leading global security company has been independently assessed and included as a constituent of the FTSE4Good Index Series in 2019 for the third year running. This inclusion recognises G4S s strong commitment to social responsibility and sustainable business practices across the group. The FTSE4Good index series is a leading socially responsible investment (SRI) indicator developed by FTSE Russell a part of the London Stock Exchange Group. It is designed to measure the performance of companies demonstrating strong environmental social and governance (ESG) practices. G4S Head of CSR & Government Affairs Nigel Lockwood said We take a holistic approach to social responsibility and are mindful of our societal impact. Our continuing commitment to conducting our business in a way that is ethically responsible safe and consistent with the company s values and standards is core to the sustainable success of G4S. G4S employees deliver services around the world which contribute to the creation of a safer society in which millions of people live and work. We are proud of the role they play in society and of the positive contribution which G4S makes to advance standards and help to deliver on the UN Sustainable Development Goals in particular the SDG 8 (Decent Work & Economic Growth) and SDG 16 (Peace Justice & Strong Institutions). Further information on G4S s approach to social responsibility and sustainable business matters can be found in the G4S 2018 Integrated Report .
Today G4S plc announced the half year results for the first six months of trading in 2019. G4S Chief Executive Officer Ashley Almanza commented: In the first half of this year our improving sales performance in both Secure Solutions and Cash Solutions saw the Group deliver underlying revenue growth of 4.7%. This growth together with new contract wins supports our medium-term revenue goal of 4-6% per annum. Our revenue mix continued to improve as our technology-enabled revenues in Secure Solutions grew by 14.8% across the globe and our North American cash technology revenues grew by 33%. The Group s half year performance sales pipeline revenue momentum and productivity programmes support a positive outlook. Our separation review is now complete and the Board has approved the separation of Cash Solutions from the Group. As a result we have set in train plans for the demerger of Cash Solutions in H1 2020. We believe that this will create two strong focused businesses each with the clear potential to capitalise on market leading positions and to unlock substantial value for customers shareholders and employees. First half highlights (Underlying results unless otherwise noted): Secure Solutions revenue 4.9% Cash Solutions 3.9% PBITA margin of 6.2% (2018: 6.4%); positive impact of growth offset by new one-off contract mobilisation costs ( 4 million in 2019) and one-off bullion contract profit in 2018 of 8 million Operating cash flow conversion of 88% (2018: 109%); expect FY conversion above 100% Net debt to EBITDA 2.85x (30 June 2018: 2.73x); FY 2019 expect 2.7x Interim dividend: 3.59p per share (2018: 3.59p per share) Statutory earnings of 59 million (2018: 101 million) include businesses sold onerous contracts and exchange rate movements 36 million restructuring and separation costs and 35 million goodwill impairment relating to Brazilian businesses acquired in 2012. A full copy of the statement is available on the corporate website here: https://bit.ly/2YQnL01
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Today G4S plc announced the half year results for the first six months of trading in 2019. G4S Chief Executive Officer Ashley Almanza commented: In the first half of this year our improving sales performance in both Secure Solutions and Cash Solutions saw the Group deliver underlying revenue growth of 4.7%. This growth together with new contract wins supports our medium-term revenue goal of 4-6% per annum. Our revenue mix continued to improve as our technology-enabled revenues in Secure Solutions grew by 14.8% across the globe and our North American cash technology revenues grew by 33%. The Group s half year performance sales pipeline revenue momentum and productivity programmes support a positive outlook. Our separation review is now complete and the Board has approved the separation of Cash Solutions from the Group. As a result we have set in train plans for the demerger of Cash Solutions in H1 2020. We believe that this will create two strong focused businesses each with the clear potential to capitalise on market leading positions and to unlock substantial value for customers shareholders and employees. First half highlights (Underlying results unless otherwise noted): Secure Solutions revenue 4.9% Cash Solutions 3.9% PBITA margin of 6.2% (2018: 6.4%); positive impact of growth offset by new one-off contract mobilisation costs ( 4 million in 2019) and one-off bullion contract profit in 2018 of 8 million Operating cash flow conversion of 88% (2018: 109%); expect FY conversion above 100% Net debt to EBITDA 2.85x (30 June 2018: 2.73x); FY 2019 expect 2.7x Interim dividend: 3.59p per share (2018: 3.59p per share) Statutory earnings of 59 million (2018: 101 million) include businesses sold onerous contracts and exchange rate movements 36 million restructuring and separation costs and 35 million goodwill impairment relating to Brazilian businesses acquired in 2012. A full copy of the statement is available on the corporate website here: https://bit.ly/2YQnL01
Yannick De Smet Strategic Solutions Manager for G4S in Belgium looks at how the security industry might change following the impact of the coronavirus pandemic... Businesses around the world are planning for tomorrow and considering what the new normal will be. The central question for security professionals is How will our industry change in a post Covid-19 world? To begin answering such a big question we first need to look at how society has adapted and changed during the Covid-19 pandemic and which of those changes will continue to be perceived as normal even when Covid-19 is no longer a clear and present danger. In other words what are the habits impacts and trends of the Covid-19 crisis and can we identify which of these are likely to remain in the future? These new normals will be the foundation upon which future security will be built. As part of the G4S Academy we have created a guide that looks in detail at these new habits impacts and trends and predicts how they will influence the security solutions that become the new normal . The most significant changes as a result of Covid-19 can be categorised into three groups; societal habits economic impacts and security trends. SOCIETAL HABITS We have seen and will continue to see a huge change in our societal habits for example an increased focus on health protection and social awareness plus a dramatic reduction in travel and we expect this to continue to some degree in the post Covid-19 world. There will be continued attention on infection prevention and control. We expect to see more fever detection and screening systems and a faster deployment and wider acceptance of personal protective measures both with physical distancing and the use of PPE. Remote working remote shopping remote sporting remote entertainment everything has turned remote and the most surprising fact for many is that it is working. People adapted to the obligation of keeping a safe distance and have adopted the remote technology that was already present in their lives. For example remote monitoring by virtual security checks as an alternative to physical officers rounds has been in high demand and this will probably remain so. ECONOMIC IMPACTS Covid-19 has had financial implications for many and the OECD has reported a sharp contraction in household spending. Most leisure and culture sectors were at a stand still for many weeks. With less or no revenue coming in and production halted companies have started cutting costs. Security activities are being rationalised and it will be more important than ever to provide solutions that are lean and efficient. This will require security professionals to be more agile meaning they will need to have the ability to put new operating models in place (internal or external) supported by the right processes and governance. It is important for customers to know the quality of what they are purchasing when it comes to security not just the cost. Solutions that are agile are not always the cheapest but will be able to flex and adapt to challenges quickly and without compromising the assets they seek to protect. Other significant economic impacts of the pandemic will be seen from increased unemployment and the potential resulting increase in crime. The International Labour Organisation estimated that in the second quarter of 2020 worldwide working hours have declined by 6.7% which is equivalent to 195 million full-time workers losing their jobs globally. This increased unemployment is all the more alarming when considered alongside scientific research conducted in the UK and Italy which found that in those countries up to 80 000 additional monetary crimes were committed each year for every percentage point that the unemployment rate increases. Another economic factor to consider is the movement of goods and services across borders. As the virus spread borders closed and countries went into lockdown and sourcing products locally sometimes became the only solution. The repercussions of this trend could be seen when companies are forced to depend on local products as supply from beyond country borders may be limited. If supply streams come under pressure the importance of securing them will increase. SECURITY TRENDS Since the start of the pandemic global messaging has consistently purported the benefits of staying home avoiding crowded places and particularly the need to minimise physical contact. This has unsurprisingly led to a rise in interest for technology by which processes or procedures are performed with minimal human contact especially contactless technology . We can expect a lasting impact in security trends in this area for example automated customer counting and flow control (to comply with social distancing rules in shops) facial recognition integrated fever screening and detection remote monitoring systems robotics and drones etc. However automation must be carefully managed. We always stress to our customers that automation does not mean the replacement of people. Far from it. For an automated system to be effective it becomes even more important to have reliable and accurate human input in order to respond if something goes wrong. People are less involved but their involvement becomes more critical. Perhaps one of the most notable consequences of the Covid-19 crisis is that it has given the digital transformation an immense boost. At the root of this boost is the remote everything habit that it has been necessary to adopt. We believe that digitisation will continue including in security where Risk Operations Centres (ROCs) will play a central role. They will be the hub where the digitised information is centralised and where smart operators (people supported by artificial intelligence) will act upon the information received as agreed with the customer. WHAT NEXT? New threats may emerge following the pandemic making it more important than ever that threat and risk analysis is a part of every company s continuous improvement plan. Gathering intelligence and processing it will become an essential activity of every security professional. Similarly companies will have to consider their security needs and with more people working remotely the need to protect just an office building is extended to employees homes. No one has a crystal ball to look into the future but by analysing the current impact trends and habits formed during the pandemic we can glimpse what the new normal for security might be. To find out more about how these new normals will impact your security needs please download the full report (click the link below) which was developed as a result of a global collaboration by G4S Academy specialists. https://www.g4s.com/what-we-do/security-in-the-new-normal
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Yannick De Smet Strategic Solutions Manager for G4S in Belgium looks at how the security industry might change following the impact of the coronavirus pandemic... Businesses around the world are planning for tomorrow and considering what the new normal will be. The central question for security professionals is How will our industry change in a post Covid-19 world? To begin answering such a big question we first need to look at how society has adapted and changed during the Covid-19 pandemic and which of those changes will continue to be perceived as normal even when Covid-19 is no longer a clear and present danger. In other words what are the habits impacts and trends of the Covid-19 crisis and can we identify which of these are likely to remain in the future? These new normals will be the foundation upon which future security will be built. As part of the G4S Academy we have created a guide that looks in detail at these new habits impacts and trends and predicts how they will influence the security solutions that become the new normal . The most significant changes as a result of Covid-19 can be categorised into three groups; societal habits economic impacts and security trends. SOCIETAL HABITS We have seen and will continue to see a huge change in our societal habits for example an increased focus on health protection and social awareness plus a dramatic reduction in travel and we expect this to continue to some degree in the post Covid-19 world. There will be continued attention on infection prevention and control. We expect to see more fever detection and screening systems and a faster deployment and wider acceptance of personal protective measures both with physical distancing and the use of PPE. Remote working remote shopping remote sporting remote entertainment everything has turned remote and the most surprising fact for many is that it is working. People adapted to the obligation of keeping a safe distance and have adopted the remote technology that was already present in their lives. For example remote monitoring by virtual security checks as an alternative to physical officers rounds has been in high demand and this will probably remain so. ECONOMIC IMPACTS Covid-19 has had financial implications for many and the OECD has reported a sharp contraction in household spending. Most leisure and culture sectors were at a stand still for many weeks. With less or no revenue coming in and production halted companies have started cutting costs. Security activities are being rationalised and it will be more important than ever to provide solutions that are lean and efficient. This will require security professionals to be more agile meaning they will need to have the ability to put new operating models in place (internal or external) supported by the right processes and governance. It is important for customers to know the quality of what they are purchasing when it comes to security not just the cost. Solutions that are agile are not always the cheapest but will be able to flex and adapt to challenges quickly and without compromising the assets they seek to protect. Other significant economic impacts of the pandemic will be seen from increased unemployment and the potential resulting increase in crime. The International Labour Organisation estimated that in the second quarter of 2020 worldwide working hours have declined by 6.7% which is equivalent to 195 million full-time workers losing their jobs globally. This increased unemployment is all the more alarming when considered alongside scientific research conducted in the UK and Italy which found that in those countries up to 80 000 additional monetary crimes were committed each year for every percentage point that the unemployment rate increases. Another economic factor to consider is the movement of goods and services across borders. As the virus spread borders closed and countries went into lockdown and sourcing products locally sometimes became the only solution. The repercussions of this trend could be seen when companies are forced to depend on local products as supply from beyond country borders may be limited. If supply streams come under pressure the importance of securing them will increase. SECURITY TRENDS Since the start of the pandemic global messaging has consistently purported the benefits of staying home avoiding crowded places and particularly the need to minimise physical contact. This has unsurprisingly led to a rise in interest for technology by which processes or procedures are performed with minimal human contact especially contactless technology . We can expect a lasting impact in security trends in this area for example automated customer counting and flow control (to comply with social distancing rules in shops) facial recognition integrated fever screening and detection remote monitoring systems robotics and drones etc. However automation must be carefully managed. We always stress to our customers that automation does not mean the replacement of people. Far from it. For an automated system to be effective it becomes even more important to have reliable and accurate human input in order to respond if something goes wrong. People are less involved but their involvement becomes more critical. Perhaps one of the most notable consequences of the Covid-19 crisis is that it has given the digital transformation an immense boost. At the root of this boost is the remote everything habit that it has been necessary to adopt. We believe that digitisation will continue including in security where Risk Operations Centres (ROCs) will play a central role. They will be the hub where the digitised information is centralised and where smart operators (people supported by artificial intelligence) will act upon the information received as agreed with the customer. WHAT NEXT? New threats may emerge following the pandemic making it more important than ever that threat and risk analysis is a part of every company s continuous improvement plan. Gathering intelligence and processing it will become an essential activity of every security professional. Similarly companies will have to consider their security needs and with more people working remotely the need to protect just an office building is extended to employees homes. No one has a crystal ball to look into the future but by analysing the current impact trends and habits formed during the pandemic we can glimpse what the new normal for security might be. To find out more about how these new normals will impact your security needs please download the full report (click the link below) which was developed as a result of a global collaboration by G4S Academy specialists. https://www.g4s.com/what-we-do/security-in-the-new-normal
The Director of HR and Facility Management Ms. Sumaira Yasmin said These past few months have been challenging to everyone worldwide. Many people struggle to cope up with the impact of this pandemic including our employees who work in the frontlines to continuously provide safety and security to our customer s premises staff and visitors. They are basically risking their own lives by working day and night so that our customers will feel more secure. For this reason we have decided this year to share the joy and blessings of this holy month to our hardworking employees. They are one of the reasons why our company is still standing up to this point and we would like to honour them by providing their essential needs. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 1771 4409 / 0994 email: security@bh.g4s.com or visit www.g4s.com
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The Director of HR and Facility Management Ms. Sumaira Yasmin said These past few months have been challenging to everyone worldwide. Many people struggle to cope up with the impact of this pandemic including our employees who work in the frontlines to continuously provide safety and security to our customer s premises staff and visitors. They are basically risking their own lives by working day and night so that our customers will feel more secure. For this reason we have decided this year to share the joy and blessings of this holy month to our hardworking employees. They are one of the reasons why our company is still standing up to this point and we would like to honour them by providing their essential needs. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 1771 4409 / 0994 email: security@bh.g4s.com or visit www.g4s.com
G4S the leading global integrated security company recently expanded its Bahrain business and now offers solution for the effective management of facilities and services which will have a significant positive impact on operational efficiency and business performance. Facilities management services they provide include Residential and Commercial Cleaning Landscape Care and Maintenance Office Support Personnel General / Room Attendants Receptionists Drivers / Messengers Housekeeping Trolley Management Services Document Check amongst others. G4S delivers individual customer requirements with flexible service and dynamic performance. Successful organizations entrust them with their assets and services safe in the knowledge that they are managed to the highest standards by committed and skilled people. These services ensure that you always present a professional well-managed and clean workplace to both your employees and customers. G4S s strategic aim is to demonstrate the values and performance that make G4S the company of choice for their customers and employees. With a 100-year legacy of innovation in the security business they aim to deliver expert innovative solutions and outstanding service to their customers and provide an engaging and rewarding environment for their people. The demand on providing facilities management services is growing in the country hence we are delighted to announce the opening of our new branch under the name of G4S General Cleaning and Maintenance Services WLL which is a subsidiary of our main company G4S Secure Solutions Bahrain WLL said Sumaira Yasmin G4S Bahrain Managing Director. As the leading global security provider G4S has a unique global footprint with operations in over 90 countries. We have a truly global business with large established market positions in developed markets and outstanding positions in fast growing emerging markets. With a team of more than 540 000 employees globally and over 500 professionals locally G4S provide tailored integrated security solutions and facility management solutions for buildings infrastructure valuables and people committed to supporting our partners. Sumaira Yasmin added. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 973 17 714-409 973 17 710-994 or visit www.g4s.com/en-bh
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G4S the leading global integrated security company recently expanded its Bahrain business and now offers solution for the effective management of facilities and services which will have a significant positive impact on operational efficiency and business performance. Facilities management services they provide include Residential and Commercial Cleaning Landscape Care and Maintenance Office Support Personnel General / Room Attendants Receptionists Drivers / Messengers Housekeeping Trolley Management Services Document Check amongst others. G4S delivers individual customer requirements with flexible service and dynamic performance. Successful organizations entrust them with their assets and services safe in the knowledge that they are managed to the highest standards by committed and skilled people. These services ensure that you always present a professional well-managed and clean workplace to both your employees and customers. G4S s strategic aim is to demonstrate the values and performance that make G4S the company of choice for their customers and employees. With a 100-year legacy of innovation in the security business they aim to deliver expert innovative solutions and outstanding service to their customers and provide an engaging and rewarding environment for their people. The demand on providing facilities management services is growing in the country hence we are delighted to announce the opening of our new branch under the name of G4S General Cleaning and Maintenance Services WLL which is a subsidiary of our main company G4S Secure Solutions Bahrain WLL said Sumaira Yasmin G4S Bahrain Managing Director. As the leading global security provider G4S has a unique global footprint with operations in over 90 countries. We have a truly global business with large established market positions in developed markets and outstanding positions in fast growing emerging markets. With a team of more than 540 000 employees globally and over 500 professionals locally G4S provide tailored integrated security solutions and facility management solutions for buildings infrastructure valuables and people committed to supporting our partners. Sumaira Yasmin added. Established in Bahrain since 1993 G4S is one of the Kingdom s most recognised and respected private security companies in the country. A market leader known for its dependability and quality driven ethics its main areas of operation are: manned security services; event security cash valuables and ATM management; supply installation integration and maintenance of various customizable electronic security systems firefighting systems and products emergency response risk consultancy and facilities management services. For more information call 973 17 714-409 973 17 710-994 or visit www.g4s.com/en-bh
G4S the leading global security company has been independently assessed and included as a constituent of the FTSE4Good Index Series in 2019 for the third year running. This inclusion recognises G4S s strong commitment to social responsibility and sustainable business practices across the group. The FTSE4Good index series is a leading socially responsible investment (SRI) indicator developed by FTSE Russell a part of the London Stock Exchange Group. It is designed to measure the performance of companies demonstrating strong environmental social and governance (ESG) practices. G4S Head of CSR & Government Affairs Nigel Lockwood said We take a holistic approach to social responsibility and are mindful of our societal impact. Our continuing commitment to conducting our business in a way that is ethically responsible safe and consistent with the company s values and standards is core to the sustainable success of G4S. G4S employees deliver services around the world which contribute to the creation of a safer society in which millions of people live and work. We are proud of the role they play in society and of the positive contribution which G4S makes to advance standards and help to deliver on the UN Sustainable Development Goals in particular the SDG 8 (Decent Work & Economic Growth) and SDG 16 (Peace Justice & Strong Institutions). Further information on G4S s approach to social responsibility and sustainable business matters can be found in the G4S 2018 Integrated Report .
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G4S the leading global security company has been independently assessed and included as a constituent of the FTSE4Good Index Series in 2019 for the third year running. This inclusion recognises G4S s strong commitment to social responsibility and sustainable business practices across the group. The FTSE4Good index series is a leading socially responsible investment (SRI) indicator developed by FTSE Russell a part of the London Stock Exchange Group. It is designed to measure the performance of companies demonstrating strong environmental social and governance (ESG) practices. G4S Head of CSR & Government Affairs Nigel Lockwood said We take a holistic approach to social responsibility and are mindful of our societal impact. Our continuing commitment to conducting our business in a way that is ethically responsible safe and consistent with the company s values and standards is core to the sustainable success of G4S. G4S employees deliver services around the world which contribute to the creation of a safer society in which millions of people live and work. We are proud of the role they play in society and of the positive contribution which G4S makes to advance standards and help to deliver on the UN Sustainable Development Goals in particular the SDG 8 (Decent Work & Economic Growth) and SDG 16 (Peace Justice & Strong Institutions). Further information on G4S s approach to social responsibility and sustainable business matters can be found in the G4S 2018 Integrated Report .
Today G4S plc announced the half year results for the first six months of trading in 2019. G4S Chief Executive Officer Ashley Almanza commented: In the first half of this year our improving sales performance in both Secure Solutions and Cash Solutions saw the Group deliver underlying revenue growth of 4.7%. This growth together with new contract wins supports our medium-term revenue goal of 4-6% per annum. Our revenue mix continued to improve as our technology-enabled revenues in Secure Solutions grew by 14.8% across the globe and our North American cash technology revenues grew by 33%. The Group s half year performance sales pipeline revenue momentum and productivity programmes support a positive outlook. Our separation review is now complete and the Board has approved the separation of Cash Solutions from the Group. As a result we have set in train plans for the demerger of Cash Solutions in H1 2020. We believe that this will create two strong focused businesses each with the clear potential to capitalise on market leading positions and to unlock substantial value for customers shareholders and employees. First half highlights (Underlying results unless otherwise noted): Secure Solutions revenue 4.9% Cash Solutions 3.9% PBITA margin of 6.2% (2018: 6.4%); positive impact of growth offset by new one-off contract mobilisation costs ( 4 million in 2019) and one-off bullion contract profit in 2018 of 8 million Operating cash flow conversion of 88% (2018: 109%); expect FY conversion above 100% Net debt to EBITDA 2.85x (30 June 2018: 2.73x); FY 2019 expect 2.7x Interim dividend: 3.59p per share (2018: 3.59p per share) Statutory earnings of 59 million (2018: 101 million) include businesses sold onerous contracts and exchange rate movements 36 million restructuring and separation costs and 35 million goodwill impairment relating to Brazilian businesses acquired in 2012. A full copy of the statement is available on the corporate website here: https://bit.ly/2YQnL01
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Today G4S plc announced the half year results for the first six months of trading in 2019. G4S Chief Executive Officer Ashley Almanza commented: In the first half of this year our improving sales performance in both Secure Solutions and Cash Solutions saw the Group deliver underlying revenue growth of 4.7%. This growth together with new contract wins supports our medium-term revenue goal of 4-6% per annum. Our revenue mix continued to improve as our technology-enabled revenues in Secure Solutions grew by 14.8% across the globe and our North American cash technology revenues grew by 33%. The Group s half year performance sales pipeline revenue momentum and productivity programmes support a positive outlook. Our separation review is now complete and the Board has approved the separation of Cash Solutions from the Group. As a result we have set in train plans for the demerger of Cash Solutions in H1 2020. We believe that this will create two strong focused businesses each with the clear potential to capitalise on market leading positions and to unlock substantial value for customers shareholders and employees. First half highlights (Underlying results unless otherwise noted): Secure Solutions revenue 4.9% Cash Solutions 3.9% PBITA margin of 6.2% (2018: 6.4%); positive impact of growth offset by new one-off contract mobilisation costs ( 4 million in 2019) and one-off bullion contract profit in 2018 of 8 million Operating cash flow conversion of 88% (2018: 109%); expect FY conversion above 100% Net debt to EBITDA 2.85x (30 June 2018: 2.73x); FY 2019 expect 2.7x Interim dividend: 3.59p per share (2018: 3.59p per share) Statutory earnings of 59 million (2018: 101 million) include businesses sold onerous contracts and exchange rate movements 36 million restructuring and separation costs and 35 million goodwill impairment relating to Brazilian businesses acquired in 2012. A full copy of the statement is available on the corporate website here: https://bit.ly/2YQnL01
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