Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWestminster Group Share News (WSG)

Share Price Information for Westminster Group (WSG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 2.45
Bid: 2.40
Ask: 2.50
Change: 0.00 (0.00%)
Spread: 0.10 (4.167%)
Open: 2.45
High: 2.45
Low: 2.45
Prev. Close: 2.45
WSG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Westminster shares surge as annual loss narrows; revenue up

Thu, 01st Jun 2023 11:27

Westminster Group PLC - London-based provider of security services for sensitive places such as ports, airports and commercial buildings - Posts revenue of GBP9.5 million for 2022, up 35% vs GBP7.1 million in 2021. Pretax loss narrows to GBP365,000 from GBP1.9 million, as gross profit rises to GBP5.1 million from GBP3.3 million a year earlier. Looking ahead, says it starts 2023 on a positive note with the first quarter trading ahead of budget, expecting 2023 to be a record year. Says it is experiencing "increasing levels of enquiries from around the world for our products and services".

Chief Executive Officer Peter Fowler says: "Not only did we significantly increase year on year revenues, but we secured and delivered some notable and important accomplishments during the year such as providing an extensive screening solution for the late Queen Elizabeth II's funeral event in September 2022, which was a great honour."

Current stock price: 1.51 pence each, up 31% on Thursday morning in London

12-month change: down 19%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
1 Apr 2014 07:46

UK MORNING BRIEFING: Rathbone Brothers Acquires, Places Shares

LONDON (Alliance News) - UK shares have opened mostly higher Tuesday, following through on a strong close in NY and dovish comments from the US Federal Reserve chair.

Rathbone Brothers has made waves early Tuesday, announcing two major acquisitions and a share placi

Read more
25 Mar 2014 11:07

Westminster Group Wins Caribbean Government Contract

LONDON (Alliance News) - Westminster Group PLC Tuesday said it had won a contract to undertake an extensive security consultancy project for a Caribbean government. Westminster didn't name the government, but said in a statement that the work involves reviewing and assessing the country's K

Read more
25 Mar 2014 11:03

Westminster wins contract with a Caribbean government

Westminster said its Technology division has secured a new contract to undertake an extensive security consultancy project for a Caribbean government. The contract, secured by Westminster International, is for the provision of consultancy services to review and assess the country's K9 law enforcem

Read more
24 Mar 2014 15:11

CORRECT: Westminster Group Raises New Funds, Gets New Investor

(An item published at 1259 GMT misstated the number of shares issued to the new strategic investor as a result of an error in the company's original statement. The correct version follows.) LONDON (Alliance News) - Westminster Group PLC Monday said it had raised GBP300,000 by issuing 389,61

Read more
24 Mar 2014 12:59

Westminster Group Raises New Funds, Gets New Investor

LONDON (Alliance News) - Westminster Group PLC Monday said it had raised GBP300,000 by issuing 380,619 shares at 77 pence each to a new strategic investor, and had also raised gross proceeds of GBP150,150 by drawing down on its equity financing facility with Darwin Strategic Ltd. The provid

Read more
11 Nov 2013 14:45

Westminster Group Raises GBP533,468 In Drawdown Of Its Equity Financing Facility

Read more
29 Oct 2013 11:29

Westminster Group Further Cuts Debt As Loan Note Is Converted

Read more
30 Sep 2013 07:57

Westminster Group Agrees GBP385K Settlement Of Synergy Capital Loan Note

Read more
27 Sep 2013 09:09

Westminster Pretax Losses Widen Following Company Reorganisation

Read more
11 Sep 2013 10:46

Westminster Group Awarded EUR350,000 Contract With East Africa Airports

Read more
10 Sep 2013 06:51

Westminster Group Buys Trade, Name And Website Of GXS Aviation

Read more
28 May 2013 07:37

Westminster Group narrows 2012 losses

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 more
28 Mar 2013 15:40

Westminster Group advances on restructuring efforts

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 more
26 Feb 2013 09:09

Westminster unveils places amid positive trading

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 more
12 Feb 2013 12:03

Westminster Group wins extension order for counter terrorism equipment

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 more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.