Bungled games deal costs G4S £70m
The loss, which compares with its previous estimate of £50n, follows months of negotiations with Games organisers Locog.
The group also incurred additional costs of around £18m relating to charitable donations, fees and the cost of sponsorship and marketing.
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Hide AdChief executive Nick Buckles said: “The UK Government is an important customer for the group and we felt that it was in all of our interests to bring this matter to a close in an equitable and professional manner without the need for lengthy legal proceedings.”