G4S profits dented by Olympics woe

AOL Money Staff

Security guards group G4S have had to count the cost of last year's Olympics fiasco after seeing annual profits drop by 32% to £175 million.

The company, which is the largest employer on the London Stock Exchange with 620,000 staff in 125 countries, took a hit of £91 million on the Games project after it failed to provide all of its 10,400 contracted guards.%VIRTUAL-SkimlinksPromo%