ISS A/S
Inside information

Update on partnership with HP

Copenhagen, 2017-05-31 18:03 CEST (GLOBE NEWSWIRE) -- 
                                                                     No. 14/2017



ISS (ISS.CO, ISS DC, ISSDY), a global leading facility service provider, today
announced an update on its partnership with HP. 

In 2015, HP split into two companies – HP Enterprise and HP Inc. Early April
2017, HP Enterprise completed a spin-off and merger of its Enterprise Services
business with CSC to form a new company, DXC Technology. DXC Technology has
decided to continue with its incumbent service provider from the former CSC
business. 

As a result of the spin-offs into HP Inc. and DXC Technology, ISS expects a
scope reduction with these two entities. The revenues generated from the
services provided to the two spin-off companies in 2016 were approximately 2%
of the total sales of the ISS Group. However, there are uncertainties about the
scope of services and the associated revenues that ISS will retain as well as
the timing of the scope reduction. ISS will continue to work in partnership
with all parties to retain as many of the services as possible. 

ISS’s services to Hewlett Packard Enterprise are not affected and currently run
until the end of 2018. In 2016, these services generated revenue of
approximately 1.5% of ISS Group revenue. 

ISS expects no material impact on 2017 revenues and the financial outlook for
2017 remains unchanged. 



For investor enquiries
Nicholas Ward, Head of Group Investor Relations, +45 3817 6251
Martin Kjær Hansen, Senior Investor Relations Manager, +45 3817 6431

For media enquiries
Lena Stennicke, Global Media Relations Manager, +45 38 17 65 03



About ISS                                                                       
The ISS Group was founded in Copenhagen in 1901 and has grown to become one of  
 the world's leading Facility Services companies. ISS offers a wide range of    
 services such as: Cleaning, Catering, Security, property and Support Services  
 as well as Facility Management. Global revenue amounted to DKK 79.1 billion in 
 2016 and ISS has approximately 500,000 employees and activities in more than 70
 countries across Europe, Asia, North America, Latin America and Pacific,       
 serving thousands of both public and private sector customers. For more        
 information, visit www.issworld.com.                                           


ISS A/S, ISIN DK0060542181, ISIN US4651472056
ISS Global A/S, ISIN XS1145526585, ISIN XS1330300341, ISIN XS1145526825