August 01, 2014 2:05 AM ET

Commercial Services and Supplies

Company Overview of ISS World Services A/S

Company Overview

ISS World Services A/S operates as a facility services company. It offers cleaning, property, catering, support, security, facility management, and integrated facility services. The company serves business services and IT, public administration, industry and manufacturing, transportation and infrastructure, retail and wholesale, energy and resources, hotels, leisure and entertainment, food and beverage, and pharmaceutical industries. ISS World Services A/S was formerly known as ISS A/S and changed its name to ISS World Services A/S in February 2011. The company was founded in 1901 and is based in Søborg, Denmark. It has operations in Europe, Asia, North America, Latin America, and Pacific re...

Buddingevej 197

Søborg,  2860

Denmark

Founded in 1901

438,100 Employees

Phone:

45 38 17 00 00

Fax:

45 38 17 00 11

Key Executives for ISS World Services A/S

Chief Executive Officer and Member of Executive Management Board
Age: 52
Chief Financial Officer and Member of Management Board
Age: 46
Regional Chief Executive Officer for ISS Asia Pacific
Age: 43
Chief Treasury Officer
Age: 50
Head of Corporate Affairs and Executive Vice President
Age: 44
Compensation as of Fiscal Year 2014.

ISS World Services A/S Key Developments

ISS World Services A/S Reports Consolidated Earnings Results for the First Quarter Ended March 31, 2014

ISS World Services A/S reported consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of DKK 18,251 million against DKK 19,545 million a year ago. Operating profit before other items was DKK 785 million against DKK 855 million a year ago. Operating profit was DKK 681 million against DKK 798 million a year ago. Net loss for the period was DKK 33 million against net profit for the period of DKK 71 million a year ago. Loss on attributable to owners of the company was DKK 34 million against attributable to the owners of the company of DKK 70 million a year ago. Basic and diluted loss per share was DKK 0.2 against basic and diluted earnings per share of DKK 0.5 a year ago. Adjusted earnings per share were DKK 0.5 against DKK 1.7 a year ago. Cash flow used in operating activities was DKK 744 million against DKK 463 million a year ago. Acquisition of intangible assets and property, plant and equipment were DKK 211 million against DKK 202 million a year ago.

ISS Reportedly Plans An IPO

ISS World Services A/S is planning to list itself on the stock exchange though an initial public offering in March 2014, three sources familiar with the matter said. According to the sources, Goldman Sachs and UBS will lead the IPO.

ISS A/S and ISS World Services A/S Announce Board Changes

Ole Andersen, chairman of the Board of Directors of ISS A/S and ISS World Services A/S, has decided to step down as Chairman and leave the Board of Directors after more than 8 years as a member of the Board. Current Board member Sir Charles Allen has been elected new Chairman of the Board of Directors of ISS A/S and ISS World Services A/S. Henrik Poulsen has been elected new member of the Board of Directors of ISS A/S and ISS World Services A/S. Charles Allen, the new Chairman of ISS is also the Chairman of Global Radio Group and Chairman of 2 Sisters Food Group. He was recently elected Chairman of British Red Cross. Mr. Allen has been Chief Executive of Granada Group and Executive Chairman of Granada Media Plc. He has also been chairman of EMI Music and CEO of Compass Group. Henrik Poulsen is currently CEO of DONG Energy, and has been CEO and President of TDC A/S from 2008 to 2012.

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