G4S experienced significant financial losses on the stock market recently, after Goldman Sachs lowered the firm’s share rating to “sell” one day after its half-year results were published.

Analysts at Goldman Sachs cited a “fiercely competitive” security business environment and disruptive technologies “creating opportunities for new players” as current trends that will take away from G4S’s business, hence the downgrade.

The bank also claimed that economic pressures in Africa and Latin America are likely to negatively affect the company and impact on its end-of-year results.

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