£416 Million Pound Profit Boost For Security Company

Everyone involved in the security industry knows that the correlation between deteriorating economic growth and a general rise in crime is a historical fact. And this fact has been welcomed by G4S the global provider of security services. "A Security One Stop Shop" is aware that G4S have just released a 23% rise in annual profits. While 23% is a significant increase for any business it is a refreshing tonic given the current economic climate, a climate which has seen the demise of tens of thousands of businesses, millions of jobs and trillions of dollars and pounds world wide.

A Security One Stop Shop further advises G4S have indicated one of the signs that most businesses were looking for, i.e. future hope. They also suggest they are confident of another strong year in 2009. It appears to be a classic example of turning a negative into a positive because in times of downturn many companies and organisations outsource work. Announcing £416.4 million of pre-tax profits really seems to confirm this statement.

Dr. Mark Yates states G4S was previously known as Group 4 Securicor and they have been awarded several new long term contracts. They run the only private prison in Wales. The other primary services include transportation of cash and valuables, airport security and the provision of military support services.

Dr. Mark D. Yates recommends this as a business tip to other businesses fighting to remain afloat during the current credit crunch is that G4S believe they have swerved around the slow down by having many long term contracts and not being over reliant on a single economy.

"A security one stop shop" suggests that while every other company was busy battening down the hatches G4S have been proactively targeting the acquisition of other related businesses and have expressed a desire to continue doing so. After spending £559 million on acquisitions other underperforming security businesses may be faced with a takeover scenario.

Dr. Mark Yates from "A Security One Stop Shop" suggests it may be a sad reflection on life but the security industry profits when things are really bad. The more dangerous the world becomes the more buoyant the security industry becomes which may explain why security has consistently placed in the high list of growth industries over the last 25 years.