What are your initial thoughts to G4S's trading statement?

JULIAN CATER | CANACCORD GENUITY
As management guided at the interims, third quarter organic sales growth has accelerated. Notwithstanding the challenging economic backdrop, which is having a negative impact on developed markets, we forecast organic sales growth of six per cent between 2012 and 2014.

STEVE WOOLF | NUMIS
An in-line trading statement that highlights the pricing pressures in the more mature European business, offset by growth in the developing markets, and a good performance in US commercial. The imminent UK prisons decision could provide a key catalyst for the shares.

CAROLINE DE LA SOUJEOLE | SEYMOUR PIERCE
Overall this is a decent set of numbers. However, we remain concerned that UK government contract awards may slow in the wake of the Olympics debacle although we acknowledge the government is unlikely to exclude G4S altogether given its size.