Company
Westminster Group PLC
LON:WSG
Westminster Group PLC is a British based highly experienced and internationally acclaimed fire, safety, security and defence group operating worldwide through an extensive network of over 100 agents and international offices in over 50 countries. The group’s customer base comprises, predominately: governments and government agencies, non-governmental organisations and blue chip commercial organisations. Westminster Group has extensive experience gained over many years in the design, supply, installation and commissioning of a wide range of security and defence solutions including a wide range of anti-terrorism equipment & systems, border security systems and homeland security solutions.
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Hardware & electrical equipment
Westminster Group announces board room changes
The changes will "balance" the board room, the company said
Hardware & electrical equipment
Westminster Group jumps 40% on bullish update
Westminster broke even as revenues jumped by more than a third
Hardware & electrical equipment
Westminster Group trading slowed by contract delays
Revenues are likely to be around a third below market expectations
Hardware & electrical equipment
Westminster Group awarded mass screening contract ahead of Protect Duty legislation
The contract is with an 'iconic' building, worth £100,000 and begins immediately
Hardware & electrical equipment
Westminster Group says trading continues to recover
“Our training business is also showing strong recovery with a number of important new contracts including a major UK airport," CEO Peter Fowler said
Hardware & electrical equipment
Westminster Group wins check-in staff training contact at 'major' UK airport
Westminster will deliver training to increase the number of potential ground security officers
Hardware & electrical equipment
Westminster Group bags contract for West African parliamentary building
"This contract is one of a number of national parliaments and seats of government we protect," said Peter Fowler, the chief executive officer of Westminster Group
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Westminster Group optimistic it can meet market expectations in 2022
The outlook for 2022 is looking positive as the worst impact of the global Covid-19 pandemic recedes, said Peter Fowler, the chief executive of Westminster.
Hardware & electrical equipment
Westminster Group confirms award of US$1.7mln airports security contract
That's the formalities over with, Westminster can now get cracking on work at two airports in south-east Africa
Hardware & electrical equipment
Westminster Group wins security upgrade contract for two African airports
The contract involves the upgrading of security equipment, including new x-ray screening and metal detection equipment
Hardware & electrical equipment
Westminster Group confirms talks over new contract relating to Central African Republic
The company confirmed it is in discussions relating to a managed services contract, adding the usual caveat that there is no certainty as to whether these will result in a contract
Hardware & electrical equipment
Westminster Group announces changing of guard in non-executive directorship
"I am aware of the many exciting opportunities the group is developing, and believe I can contribute to assist the executive with this growth," said Graham Binns, the new non-executive director
Hardware & electrical equipment
Westminster Group confident of strong bounce-back in 2022 as activity levels continue to recover
Recent contract wins mean that 2022 should be a strong year for the group, irrespective of how quickly the global economy recovers from the pandemic
Hardware & electrical equipment
Westminster Group wins prestigious contract to protect the Tower of London
"I am delighted our services division has been awarded this important new contract to protect what is one of England's most prestigious buildings," said Westminster CEO, Peter Fowler
Hardware & electrical equipment
Westminster confident of hitting targets as contracts come through
"Some of our delayed projects may once again begin to move forward"
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Westminster Group raises £2.5mln via placing at premium
"I am encouraged by signs travel restrictions may, at last, be beginning to ease in a number of regions"
Hardware & electrical equipment
Westminster Group secures Liberian port screening contract
The contract will see the company provide screening services at the Monrovia Freeport for an initial period of 10 years
Hardware & electrical equipment
Westminster Group wins long-term security contracts for five airports in DR Congo
Even with pandemic-affected levels of travel, the new contract is expected to generate US$6mln of revenues in the first 12 months
Hardware & electrical equipment
Westminster Group appoints new deputy chairman
Charles Cattaneo will also be stepping down as a non-executive director following the AGM
Hardware & electrical equipment
Westminster Group reports narrowed losses and solid revenues for 2020
The supplier of managed services and technology-based security solutions also said it started 2021 debt-free and had made an “encouraging start to the year” despite the ongoing pandemic
Hardware & electrical equipment
Westminster eyes bright future as world emerges from coronavirus
During the pandemic the firm started providing fever screening systems and face masks vending machines
Hardware & electrical equipment
Westminster Group wins Queen's Award for contribution to international trade
The managed services supplier was given the prestigious accolade at the Prime Minister’s recommendation
Hardware & electrical equipment
Westminster says outlook is positive as operations recover from Covid-19 disruption
“For 2020, due to Covid-19 delays and revenue slippage into 2021 we expect to report revenues of around £10m (2019: £10.9m)"
Hardware & electrical equipment
Westminster Group debt free as it completes loan repayments
The company said the repayment of its debts will strengthen its balance sheet and also result in an annual saving of around £0.3mln in interest and fees
Hardware & electrical equipment
Westminster Group lands £750,000 guarding contract
Guarding and associated services is just one facet of Westminster's worldwide security and safety business
Hardware & electrical equipment
Westminster Group says it has conditionally raised £5mln from accelerated bookbuild placing
The placing was conducted at a price of 4p per share and comprised 125,000,000 new ordinary shares, representing approximately 44% of the group's enlarged share capital
Westminster Group recognised as one of 1,000 companies to Inspire Britain
The report, published by the LSE, recognises the UK’s fastest-growing and most dynamic small and medium sized businesses
Hardware & electrical equipment
Westminster Group builds COVID-19 sanitisation tunnel for Freetown airport as flights pick up again
Westminster said it had promised earlier in the year to provide a mass sanitisation tunnel for the airport
Hardware & electrical equipment
Westminster Group to protect Westminster under new security contract
The project includes the removal of existing systems and the installation of new advanced X-Ray screening at the Palace of Westminster
Hardware & electrical equipment
Westminster Group launches online training catalogue, capitalising on strategic alliance agreement with JP International Training
"We see that offering both traditional classroom courses and online training as a strategic response to the recent COVID-19 restrictions gives us an opportunity for substantial revenue growth in our training activities"
Hardware & electrical equipment
Westminster Group ready to "expand and prosper" after moving into the black
In the first half of 2020, Westminster was operationally cash positive and delivered EBITDA of £893,000 and a profit before tax of £236,000
Hardware & electrical equipment
Westminster Group welcomes reopening of Sierra Leone Freetown Airport Lungi
While Freetown Airport Lungi was closed, the group continued to maintain the security of the airport
Hardware & electrical equipment
Westminster Group revenues jump by a quarter in latest half-year
Westminster said it has multiple revenue streams from diverse sources and regions worldwide
Hardware & electrical equipment
Westminster Group starts PPE vending project and sees unprecedented growth opportunities
Trading has continued to go well throughout the first six months of the 2020 financial year.
Hardware & electrical equipment
Westminster conducts trial of fever screening solution at Stockholm airport
The company said feedback from the first live trial was “extremely positive” with all passengers screened and its partners will continue to use the solution to screen more flights over the coming weeks
Hardware & electrical equipment
Westminster Group awarded fever screening contract for global return to work programme
Worth around US$665,000, the contract covers the provision of a range of fever screening systems and sanitisation stations to 85 offices in 37 countries
Hardware & electrical equipment
Westminster Group readies for screening surge as world seeks coronavirus solutions
This year has already a surge of enquiries from all around the globe
Hardware & electrical equipment
Westminster Group says its aviation security training graded outstanding by CAA
"Training is an important growing revenue stream for Westminster," Peter Fowler, the group's chief executive said
Hardware & electrical equipment
Westminster Group says it is operating profitably in 2020 as its posts double-digit revenue growth in 2019
Revenues in the first quarter were up 22% year-on-year with the company making “a healthy profit” of several hundred thousand pounds in the quarter both before and after-tax
Hardware & electrical equipment
Heathrow Airport to trial temperature screeners to get people flying again
As well as temperature checks, facial recognition technology and contact free-security scanners will also be assessed
Hardware & electrical equipment
Westminster Group says release of annual results delayed by two weeks until Thursday, May 14
The group added that it expects its accounts to show revenues of £10.9mln, an increase of 63% on 2018 and that it will be EBITDA positive, against a £0.35m EBITDA restated loss on a consistent basis in 2018
Hardware & electrical equipment
Westminster trades satisfactorily as demand for fever screening surges
Revenues were more than £4mln, an increase of 30% over a year ago
Hardware & electrical equipment
Westminster Group provides another update on the current effects of coronavirus on its business
“We are fortunate however that our business model is built on having multiple revenue streams from multiple operations and our airport managed services operations are just one element of our overall revenue profile”
Archive
Proactive news snapshot: Westminster Group, Tekcapital, Bidstack Group, Ceres Power …
A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
Westminster Group receiving unprecedented levels of interest in its fever screening services
So far this year it has dealt with more than 500 enquiries from all over the world for fever detection and associated equipment, resulting in sales of roughly US$720,000
Hardware & electrical equipment
Westminster Group hails strong growth in volumes at the Tema container screening project
Westminster said its role as the technical partner to the project is set to become official after some contractual issues were cleared up.
Hardware & electrical equipment
Westminster Group completes first stage of loan note redemption programme
Westminster has reduced its debt by £561,250 and thus reduced its financing costs
Hardware & electrical equipment
Westminster Group eyes inflexion point as revenues jump 63%
Trading for 2020 has started on a positive note, the group added
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Westminster Group enters flexible financing agreement as it seeks early redemption of loan notes
Redeeming the convertible secured loan notes well before the maturity date will save on both interest and management fees
Hardware & electrical equipment
Westminster Group sees double-digit revenue growth as both arms do well
The new container screening operation at the port of Tema in Ghana has already generated several hundred thousands of dollars in revenues.
Hardware & electrical equipment
Westminster Group benefits from Ghana reports of progress in Tema talks
The security group is working with port operator Meridian Port Services (MPS) to provide an x-ray-based container screening system at the port.
Hardware & electrical equipment
Westminster Group's revenues ahead of expectations
"Our business is now in a better position than it has been for some time in terms of management, structure, revenues and prospects."
Archive
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Hardware & electrical equipment
Westminster updates investors on port upgrade contract in Ghana
The extension will allow more time to finalise terms with Ghanaian partner Scanport and port owner Meridian.
Archive
Small cap movers: Purplebricks left red faced as it pulls out of US
A look back at some of this week's more interesting stories from London's junior market
Investments and investor services
Global Ports cruises higher as it hoists the 'for sale' sign
A look at the day's major movers, including Churchill China, Westminster Group, Vela Technologies, Regal Petroleum and Kazera Global
Archive
Proactive news snapshot: Westminster Group, Live Company Group, Arc Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
Westminster Group inks deal to provide Gulf Aviation Academy of Bahrain with aviation and other specialised training services
GAA is a leading provider of professional aviation training in Bahrain and the wider Middle East and North Africa (MENA) region
Investments and investor services
FTSE 100 closes in red on day but higher over the week as US jobs rebound in June
The UK's premier share index closed down around 51 points at 7,552 on the day, but over the week as a whole the index added around 1.7%.
Hardware & electrical equipment
Westminster Group says negotiations proceeding for contract at Tema Port facility in Ghana as formal opening takes place
The AIM-listed firm pointed out that its revenues will commence once the final terms have been agreed and the formal contract finalised, with further details to be announced in due course
Archive
Small cap movers: Oil minnows sent gushing as drilling potentially unearths UK’s largest onshore gas field
A look back at some of this week's more interesting stories from London's junior market
Investments and investor services
SolGold wins TKO decision in Ecuador
A look at the day's major movers, including Bould Opportunities, Advanced Medical, Andalas, Edenville Energy, PetroNeft, Prime People and Hansard Global
Archive
Proactive news snapshot: Westminster Group, Tower Resources, Bushveld Minerals …
A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
Westminster Group sets up joint venture to capitalise as Saudi Arabia privatises transport infrastructure
“We have already held joint meetings with both port and airport authorities within the country"
Investments and investor services
FTSE 100 closes lower as traders catch breath after recent excitement
After being in the black for much of the day, the Footsie has slipped into the red
Hardware & electrical equipment
Westminster Group set for huge port upgrade contract in Ghana
All containers arriving or leaving the port will be screened with revenues to start accruing as soon as terms are finalised
Archive
Proactive news snapshot: Westminster Group, Summit Therapeutics, Ethernity Networks, Hurricane Energy ...
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
K3 Business bemoans Brexit-related disruption
A look at some of the day's major movers, including Helical, Modern Water, Local Shopping REIT, Team17, TechFinancials, Westminster Group, Verditek and Pelatro
Archive
FTSE 100 closes firmly higher; Ashtead Group top dog
Britain's blue-chip benchmark closed up nearly 86 points at 7,443, while the FTSE 250 added over 154 points at 19,311
Archive
Proactive news snapshot: Strategic Minerals, Westminster Group, Victoria Oil & Gas, ImmuPharma …
A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
Westminster Group upbeat as pipeline of prospects grows
Westminster has seen a record number of passengers embark through the West African airport where it provides security
Investments and investor services
FTSE 100 closes higher but lower over the week as PM May calls it a day
The UK benchmark added over 46 points at 7,277, but over the week the index dropped 0.96%
Archive
Sparse news day on the cards as investors focus on long UK bank holiday weekend
The main focus for the Day Ahead will be trading updates from FTSE 100-listed events and business publisher Informa and FTSE 250-listed engineer Spectris
Archive
Informa strikes TMT swap deal with IHS Markit
A look at some of the top risers and fallers on the London Stock Exchange on Wednesday, including 21st Century Technology, Thruvision, Hargreaves Services, Management Resource Solutions, SafeCharge International, IG Group, Pets at Home, and
Hardware & electrical equipment
Westminster Group revenues rise by a quarter in 2018
To give more financial flexibility Westminster has negotiated another extension to the repayment date on £2.245mln of convertible loan notes
Archive
Proactive news snapshot: Sirius Minerals, Motif Bio, ECR Minerals, TLOU Energy …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
AIM tech stocks Blancco and Locations Sciences boosted by deal news
A look at some of the biggest risers and fallers in London on Wednesday.
Hardware & electrical equipment
Westminster Group expands geographic coverage with acquisition of French aviation security firm
The AIM-listed firm said the deal provides it with a French-based subsidiary with increased access to Francophone countries in Africa
Archive
Proactive news snapshot: Westminster Group, Tekcapital, Shield Therapeutics …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
KCOM rings up strong gains as the telecoms group agrees to £504mln cash takeover bid
Some of the main news-driven risers and fallers in London on Wednesday...
Hardware & electrical equipment
Westminster Group wins US$3.48mln contract for container screening at two separate ports in Asia
The AIM-listed firm said the contract, which has been under negotiation for several months, will commence as soon as export licencing has been granted
Hardware & electrical equipment
Westminster Group raises £500,000 for 2019 projects
Five million shares are to be issued via a placing at 10p per share, compared to 10.5p overnight
Archive
Proactive news snapshot: Tower Resources, Katoro Gold, Arix Bioscience …
A glance at some of the day's highlights from the Proactive Investors newswire
Archive
Proactive news snapshot: Shield Therapeutics, ANGLE, Westminster Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Hardware & electrical equipment
Airport traffic gives Westminster a strong tailwind in 2018
Revenues for 2018 will be around £7.2mln or 33% higher
Investments and investor services
PipeHawk wins major contract
A look at the day's major movers, including Sophos, Prairie Mining, Venn Life Sciences and 1Spatial
Archive
Proactive news snapshot: Kodal Minerals, LoopUp Group, Providence Resources …
A glance at some of the day's highlights from the Proactive Investors newswire
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Proactive news snapshot: Victoria Oil & Gas, Premier African Minerals, Westminster Group …
A glance at some of the day's highlights from the Proactive Investors newswire
Keyword Studios easier as Berenberg trims target price following last week's acquisition, trading update
A look at some of the main risers and faller in London markets on Christmas Eve
Hardware & electrical equipment
Westminster Group says majority of challenges created by US Iran sanctions renewal have now been addressed
Westminster Group said: “Both parties remain committed to the project and despite the challenges continue to work towards commencing the project at the earliest opportunity.”
FTSE 100 gets a stuffing on Christmas Eve amid worries about market indigestion
At the 12.30pm close, the UK blue chip index was down 35 points at 6,685, just bouncing off the late session low of 6,661.04, with Friday’s 9 point Santa rally proving a false dawn
Archive
Proactive news snapshot: Sirius Minerals, MaxCyte, Arix Bioscience...
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