Security group G4S today posted a 6% rise in annual profit, as emerging markets growth helped soften the blow of an Olympics staffing blunder that rocked the British firm in 2012.
The world's number one security group said 2012 operating profit, excluding the Olympics, was £516m sterling.
This was up 6% on 2011 and within analysts' forecast range of between £510-520m.
Underlying revenue rose 8.1% to £7.3 billion, underpinned by a 10% rise in organic growth in emerging markets arm where Brazil performed strongly.
Last year G4S drew heavy public and political critiscm after it failed to provide 10,400 venue guards for the London Games, forcing British army troops to step in and fill the shortfall.
In February G4S agreed with organisers on a higher than expected £70m loss on the contract, taken as an exceptional charge in its 2012 accounts.
