Westminster Group revenues slide, eyes stronger second half
21st Sep 2018 08:03
(Sharecast News) - Westminster Group narrowed losses in the first half of its trading year despite a dip in revenues.
Read moreWestminster Group to start Sierra Leone ferry service on Dec 9
5th Dec 2016 10:03
(ShareCast News) - Westminster Group said its Sierra Leone-based Sovereign Ferries unit would start services between the airport and capital city of Freetown on December 9. The company on Monday said national registration formalities, sea trials and international safety compliance checks had all bee
Read moreWestminster issues £1.2m in loan notes to support projects
22nd Nov 2016 15:26
(ShareCast News) - Westminster Group, an AIM listed supplier of security services and technology, has signed agreements for the issuance of £1.2m convertible unsecured loan notes (CULN) to support expansion projects in the Middle East and Asia. The company is in discussions regarding a large scale l
Read moreWestminster Group confirms start of Sierra Leone ferry service
10th Nov 2016 14:18
(ShareCast News) - Government and commercial managed services supplier Westminster Group announced on Thursday that its ferry division, Sovereign Ferries, was preparing for commencement of its long awaited ferry service in Sierra Leone, West Africa. The AIM-traded company said in country registratio
Read moreWestminster Group revenues hit by Ebola epidemic in 2015
9th Jun 2016 10:59
(ShareCast News) - Westminster Group, an international security service provider, experienced a fall in revenues due to the Ebola crisis and delays to projects in 2015 but the first four months of 2016 have seen an improvement. In 2015 revenues fell from £3.49m to £3.36m, as an increase in revenue a
Read moreWestminster Group signs 20 year MoU over Middle East border security
22nd Feb 2016 09:41
(ShareCast News) - Westminster Group has signed a memorandum of understanding over a 20 year border security project in the Middle East. It said on Monday the project will involve the provision of equipment, training and ongoing maintenance of security screening checkpoints at an import border cross
Read moreWestminster Group signs MoU with unnamed client to handle airport security
20th Jan 2016 08:40
(ShareCast News) - Airport security specialist Westminster Group said it had signed a memorandum of understanding with an unnamed government client to provide services at "several international airports" within the country concerned. Chief executive Peter Fowler said the latest potential deal was wi
Read moreWestminster Group signs MoU with airport authority
12th Oct 2015 08:19
(ShareCast News) - Westminster Group's aviation subsidiary has signed a long term memorandum of understanding with an unnamed government-owned airport authority. The AIM-listed company announced the deal on Monday which will enable it to provide security and safety services at a number of the countr
Read moreWestminster Group's Sierre Leone ferry repairs underway
17th Sep 2015 08:42
(ShareCast News) - The propellor shaft of Westminster Group's flagship vessel, the Sierra Queen, will be fixed in the UK in a matter of days, the company said. The shaft will then be sent back to Sierra Leone for reinstallation, Westminster added. In August the company announced an issue with one o
Read moreWestminster Group plunges after Sierra Leone ferry project delayed
21st Aug 2015 10:06
(ShareCast News) - Shares in Westminster Group plunged over 10% on Friday, after the company said a prop shafts on its flagship ferry in Sierra Leone was being returned to London for repair. The fire, safety and security services provider said the repair on the Sierra Queen's prop shaft is expect
Read moreWestminster slips after settling dispute for undisclosed sum
8th Jul 2015 08:54
Security provider Westminster settled a dispute with the vendors of CTAC, which it acquired back in 2010. AIM-listed Westminster purchased the high-end security firm for £1.8m, dependent on performance. In a statement on the matter, Westminster did not disclose what the settlement cost but said an
Read moreWestminster Group expects lower first-half revenue to Ebola crisis
30th Jun 2015 13:48
Westminster Group said its managed services revenues during the first half of the year will be below expectations due to the Ebola crisis. The group expects the operating loss to be comparable to the same period last year, driven by a reduction in gross margin due to lower passenger numbers generate
Read moreWestminster Group eyes launch of first Sierra Leone ferry in June
3rd Jun 2015 10:21
Westminster Group is set to launch its new flagship ferry, Sierra Queen, in Sierra Leone later this month. The company, which supplies security and other managed services to governments, corporations and NGOs, will hold a ceremony on 11 June after which the ferry is expected to start trial operation
Read moreSierra Leone passenger numbers improve as Ebola crises eases, says Westminster Group
13th Apr 2015 12:40
Safety and security product supplier Westminster Group said on Monday passenger numbers in Sierra Leone are rising thanks to an improvement in the Ebola situation. The company said its new passenger ferry 'Sierra Queen' is due to arrive in the country this month, which will provide a ferry transit s
Read moreWestminster Group wins six contracts worth £492,000
11th Feb 2015 16:28
Security services company Westminster Group said its technology division has won six contracts worth $750,000 (£492,000) in total. The contracts cover protection equipment for a nuclear facility in North America, a museum in Egypt, a prison in the UK and a South African police service as well as adv
Read more