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Westminster Group says contract delays may affect revenues as West African airports bounce back

Westminster Group says contract delays may affect revenues as West African airports bounce back

Westminster Group PLC (AIM:WSG) chief executive Peter Fowler tells Proactive's Stephen Gunnion that a multi-million-pound technology contract from the MENA (Middle East and North Africa) region is still likely to formally be awarded this year, revenues may not be recognised until early 2023.

Following a trading update, Fowler said Westminster's West African airport operations have performed strongly, with record numbers of passengers driving revenue due to a post-Covid recovery and a growing middle class in the region.

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