Westminster Group sees Africa and Middle East success
AIM-listed security solutions firm Westminster Group has issued a chirpy trading update, including news of a new contract in the Middle East and successful operation of an airport contract in west Africa.
AIM-listed security solutions firm Westminster Group has issued a chirpy trading update, including news of a new contract in the Middle East and successful operation of an airport contract in west Africa.
The contract to supply "sophisticated surveillance equipment" to a Middle Eastern government is worth $900,000.
In west Africa the firm claims its airport contract, which has been running for just six weeks, has already discovered contraband and prevented criminal activity. The airport, it claims, has already secured new airline customers as the perception of security has improved.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Today's update saw the firm's stock rise 5.5% by 10:48.
BS
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Annual UK rent jumps £3,240 since Covid, says Zoopla
Zoopla finds rental costs have risen 27% since 2021, with rental costs far outstripping wages over that period
By Chris Newlands Published
-
The top stocks in the FTSE 100
After a year of strong returns for the UK’s flagship index, which FTSE 100 stocks have posted the best performance in 2024?
By Dan McEvoy Published