Westminster Group narrows 2012 losses
28th May 2013 07:37
Westminster Group, supplier of technology to security and defence markets, reported a fall in annual revenue, reflecting timing issues on orders. Revenue for the year ended December 31st 2012 came to £9.5m, down from the previous year's £10.1m. The UK company - which has two divisions including
Read moreWestminster Group advances on restructuring efforts
28th Mar 2013 15:40
Westminster Group shares rose Thursday after the security systems supplier announced restructuring of the group's businesses into two new divisions. The company said a managed services division and technology division were set up so it could focus on its growing international opportunities. The ma
Read moreWestminster unveils places amid positive trading
26th Feb 2013 09:09
Westminster Group said Tuesday that the West African airport contract announced in February 2012 continues to perform well and revealed new carriers will be commencing operations in 2013, and furthermore that existing operators are expanding their capacity on the route. It said this should benefit
Read moreWestminster Group wins extension order for counter terrorism equipment
12th Feb 2013 12:03
Westminster Group has secured a 250,000-dollar extension order for the supply of high technology scanning equipment for counter terrorism activities in the Middle East. The supplier of system solutions and products to security, defence, fire protection and safety products said it will be delivered
Read moreWestminster Group supplies equipment to fight terrorism in Middle East
23rd Jan 2013 08:11
Westminster Group advanced 8 per cent Wednesday after announcing the security company won a new contract to supply scanning equipment for counter terrorism in the Middle East. The group - which specialises in fire, safety and defence - said its international division secured the deal for $3m with a
Read moreWestminster Group lowers revenue predictions
29th Nov 2012 08:29
Shares in AIM-listed security solutions firm Westminster Group have taken a hit after admitting revenues are now expected to come in below expectations and broadly similar to levels seen the previous year. This is lagely due to the Product and Solutions business making a materially lower contributi
Read moreWestminster Group sees Africa and Middle East success
27th Jun 2012 11:21
AIM-listed security solutions firm Westminster Group has issued a chirpy trading update, including news of a new contract in the Middle East and successful operation of an airport contract in west Africa. The contract to supply "sophisticated surveillance equipment" to a Middle Eastern government i
Read moreWestminster Group sinks despite record results
31st May 2012 12:37
Shares in security solutions firm Westminster Group plunged on Thursday despite the company's record revenues and decreased losses during the year ended March 31st. Revenues more than doubled to £10.1m (2010: £3.8m), while pre-tax losses reduced from £4.2m to £2.0m. Losses per share halved to 10.19
Read moreSmall caps round-up: Cosalt, Westminster, Mobile Streams
1st May 2012 09:55
Trading in the shares of Cosalt, the cash-strapped Lincolnshire based company which provides life jackets and safety harnesses for the oil and gas industry, has been suspended as it has missed the deadline for publishing its annual results for 2011. At the moment the group is preoccupied with talks
Read moreSmall caps round-up: Westminster Group, Angle, Asterand
30th Apr 2012 08:47
Defence technology firm Westminster Group said its investment in a West African airport was looking promising and that an initial aggregate $150m revenue forecast could be achieved by the contract's eight year break point rather than the full contract term of 15 years. "Should that be the case, the
Read moreSmall caps round-up: Plastics Capital, Vislink, Westminster Group ...
25th Apr 2012 13:54
Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be
Read moreSmall caps round-up: Pilat, Westminster, Sinclair IS
23rd Feb 2012 13:35
The contracts are rolling in thick and fast at broadcasting software specialist Pilat Media Global, with a new contract with existing customer, FOXTEL management of Australia the third win the company has announced in February. The new contract has been negotiated to govern the parties' relationshi
Read moreSmall caps round-up: Netcall, @UK, Belgravium ...
20th Feb 2012 09:35
Details of the UK government's G-Cloud framework agreement are out and companies that have been picked as approved suppliers have lost little time in announcing the fact. The G-Cloud is a UK government initiative designed to bring together a collective resource of cloud-based information technology
Read moreLondon midday: Stocks drift higher after Chinese, German data
17th Jan 2012 11:43
Stocks were off their intraday highs by lunchtime but the Footsie was still some 26 points up from yesterday's close, helped by some cheery Chinese GDP data and a better-than-expected German confidence survey. Fourth quarter gross domestic product (GDP) data from China was easing fears of a hard la
Read moreWestminster Group soars on revenue growth
17th Jan 2012 11:00
Westminster Group, the security solutions firm, leapt 41.5% in morning trading after announcing revenue growth of 260% in 2011 versus 2010. Revenues for the year were approximately £10m of which £8m came in the second half. Margins in the second six months of last year are expected to be better th
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