Shares in Westminster Group have had a good run since the beginning of last week, as several updates from the Banbury-based security firm have been warmly received by investors.
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The Westminster Group is a specialist security group operating worldwide via an extensive international network of agents and offices in over 45 countries. The Group's principal activity is the design, supply and ongoing support of advanced technology Fire, Safety, Security and Defence solutions to governments and government agencies, non governmental organisations and blue chip commercial organisations worldwide. The Group is listed on the AIM market of the London Stock Exchange and its Corporate Headquarters and Demonstration Grounds occupy a 4½ acre site, discreetly located in the heart of the English countryside.
01/05/12
Shares in Westminster Group have had a good run since the beginning of last week, as several updates from the Banbury-based security firm have been warmly received by investors.
25/04/12
Today's deal is another sign that Westminster’s newly established aviation security division is beginning to take off.
12/05/11
The AIM-listed security product business landed a new multi-million contract this morning, which put it on course for its best sales year to date. Xcap Securities analyst Tim Freeborn reckons there’s even more to come now that Westminster has landed this major deal.
21/02/11
The group has secured a number of new contracts from around the world. All of these contracts have been awarded in 2011, mostly this month, and will be delivered during the first half. They cover a wide range of customers and services and are in line with Westminster’s stated objective to deliver niche projects and services worldwide.
10/01/11
The second week of the New Year brought a second piece of good news for Westminster Group. After announcing its largest contract win to date last week, the security specialist today said a new governmental client has ordered a sophisticated countermeasures system. Shares rose 15 percent this morning in response.
06/01/11
Investors received welcome relief this morning after Westminster revealed it has landed the largest single contract win in its history, something it had promised investors amid December’s profit warning. The shares spiked almost 30 percent immediately, and it is still one of Thursday’s top risers on the AIM market.
16/12/10
Its been a tough morning for Westminster after it warned investors that contract delays will cause it to make a £2 million operating loss this year. However Westminster FD Nicholas Mearing Smith told Proactive that it is largely a timing issue and once sealed, the major new contracts could transform the group’s fortunes.
26/04/10
Revenues rose 45% year-on-year, and the company is confident of 2010 turning out well. too, after a good start to the year which saw an uninterrupted flow of new contract wins and a key acquisition.
16/04/10
The new business slots in rather nicely with Westminster’s existing operations and opens up new revenue streams
18/01/10
Under the four-year framework deal the company will provide security services for UK prisons, involving equipment for the control of entry and exit points and the movement of inmates in secure areas.
16/12/09
Westminster’s strength lies in its ability to create a security solution for often unique, customer specific requirements, it is not a manufacturer, but a solution provider
06/11/09
Westminster Group won a contract extension valued at US$2.72 million from the Government of Southern Sudan for additional security at Juba International Airport, bringing the order intake in the year so far to £7.34 million.