November 12, 2014 / 10:41 AM / 3 years ago

BUZZ-ISS: Shares jump after Q3 organic growth

** ISS’s shares up 3.5 pct after posting Q3 organic growth of 2.4 pct slightly better than analysts expectations of 2.25 pct.

** Shares hit highest level in more than two months.

** “The modest growth in the Western European and Nordic activities is roughly offset by the development in the Pacific region and in Latin America,” Sydbank analyst Soren Lontoft said.

** “ISS is a very resistant business. We have positive organic growth, as we did when there were even more economic crisis in the world,” Chief Executive Jeff Gravenhurst said.

** Benchmark index flat. (annabella.nielsen.thomsonreuters.com@reuters.net)

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