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Mark Leftly: G4S numbers show why Buckles is still in a job

Mark Leftly
Wednesday 13 March 2013 21:00 EDT
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Outlook Talking of the Olympics, G4S's chief executive, Nick Buckles, must be glad to see the back of 2012. Despite having failed to provide enough security for the Games – not to mention that an 82-year-old nun infiltrated a US nuclear facility that a G4S subsidiary was guarding last summer – its figures yesterday were strong.

Those numbers show why investors backed Mr Buckles even though the public thought he should go.

Profit, then, is king – but it shouldn't be.

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