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Investor Update: Westminster Group reports 117% increase in first half revenues

Headlines from the Proactive UK newsroom.

Westminster Group (LON:WSG) expects all contracts related to the container screening contract at the Port of Tema in Ghana to be completed in the coming weeks and the contract to contribute in the second half of the year. The security group says revenues for the six months to June more than doubled.

Thor Mining’s (LON:THR) Moonta project in South Australia contains 114 thousand tonnes of copper according to an initial resource estimate. Thor described it as outstanding news. 

Kibo Energy (LON:KIBO) has been granted seven Mining Rights for its Mbeya Coal to Power Project in Tanzania, one of four international power projects it is advancing.

Activist shareholder Coast Capital has got its way at bus and rail outfit FirstGroup (LON:FGP) with David Martin to become chairman. The former Arriva boss was identified in June as the person Coast wanted to be put in the post.

Tekcapital’s (LON:TEK) augmented reality glasses subsidiary Lucyd has launched Sherman Shades, a combination of sports memorabilia and premium sunglasses. They were developed in partnership with Richard Sherman, cornerback of the San Francisco 49ers and Chief Brand Officer of Lucyd. 

Quick facts: Westminster Group PLC

Price: 7.8 GBX

Market: AIM
Market Cap: £12.51 m

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Westminster Group's Peter Fowler says good momentum has continued into 2020...

Peter Fowler, Westminster Group PLC’s (LON:WSG) chief executive, says the momentum seen in 2019 has continued into the first half of this financial year. Sales are up 24% on twelve months ago and the group has moved into profit, he told Proactive. Westminster has dealt very well with the...

3 weeks, 4 days ago

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