Skip to main content
The Markets by Proactive
Go to Proactive UK
Proactive UK has moved. Proactive’s coverage of London’s small caps continues on proactiveinvestors.com Go there →
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
Go to Proactive UK
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK

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

Westminster Group PLC (LON:WSG) has said it continues to trade satisfactorily with a surge in orders for fever screening equipment offsetting reduced activity at its guarding arm and the Sierra Leone airport security contract.

Overall, and in spite of coronavirus disruption, the business has performed well and been profitable in the three months to March, it said.

Revenues were more than £4mln, an increase of 30% over a year ago, while cash holdings were £2.2mln.

Orders for fever screening equipment have risen to US$2.1mln with more than US$1.2mln in the last two weeks while operations have been unaffected at the Port of Tema in Ghana, where Westminster provides container screening services.

After a round of cost savings, the cash in hand will allow it to operate effectively within its available resources, said the statement but it will make more savings if necessary.

Advertisement
The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK