Westminster Group shares rallied 40% as the security specialist accompanied a 35% jump in revenues over the past year with a bullish forecast for the coming twelve months.
All its businesses improved, said the Aim-listed group, which broke even after heavy losses the year previously, though aviation training, its West African airport contract and manned guarding in the UK were picked out as highlights.
Peter Fowler, chief executive, added: “Building on our 2022 results, we believe a record year of revenues and profitability are in sight for 2023”.
He also noted a "strong pipeline" of future opportunities with progress now being seen on a big airport contract in the DRC and also a West African port.
Shares rose 0.45p to 1.6p.