NEWS FROM THE WIRES |
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Wackenut Q2 profits fall, but revenues gain Aug 03 2001 05:53 AM PDT
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PROFILE |
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Crime! Terrorism! Low unemployment! Wackenhut battles the perils of modern life by providing security services, private prison management, and employee staffing. The company's security services (47% of sales) include armed guards, background investigations, consulting, and security for airports, nuclear power plants, and US embassies. Subsidiary Wackenhut Corrections runs more than 50 correctional and detention facilities under contracts with government agencies in the US and other countries. Wackenhut Resources provides staffing services to more than 1,100 client companies in the US. Wackenhut, about 50%-owned by founder George Wackenhut, has operations in 48 US states and 50 countries.
COMPETITION |
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STOCK ANALYSIS |
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FURTHER ANALYSIS
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 2,505.10
1-Yr. Sales Growth: 16.4%
Employees: 65,000
Revenue per employee: $38,540.00
KEY PEOPLE |
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Richard R. Wackenhut
CEO
Philip L. Maslowe
CFO
CONTACT INFO |
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4200 Wackenhut Dr., Ste. 100
Palm Beach Gardens, FL 33140
US
Phone: 561-622-5656
Fax: 561-691-6471
Online: Web Site
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