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Investegate | Company News | Corporate, London Stock Exchange, Regulatory News Headlines Westminster files succesive annual loss but entered year debt free


A
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Westminster Group PLC reports narrowed losses and solid revenues for 2020


Westminster Group reports narrowed losses and solid revenues for 2020
The supplier of managed services and technology-based security solutions also said it started 2021 debt-free and had made an “encouraging start to the year” despite the ongoing pandemic
Westminster Group PLC (LON:WSG) reported narrower losses for 2020 as the company said it had “successfully navigated” the Coronavirus (COVID-19) pandemic due to its multiple revenue stream business model.
The supplier of managed services and technology-based security solutions reported that it had delivered a robust performance in 2020 despite delays in the award and delivery of contracts through travel delays and disruption from the pandemic. Losses after tax narrowed to £0.7mln, from a £1.3mln loss in the prior year, while revenues remained relatively steady at £10.0mln compared with £10.9mln in 2019. ....

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Tourism Minister visits Cumbria

Tourism Minister Nigel Huddleston MP was in Cumbria this week to meet with business and discuss the wider reopening of the visitor economy. Organised by Cumbria Tourism, the trip showcased a wide-ranging Cumbrian experience, both inside and outside the Lake District National Park, and the variety and quality of food. ....

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Investegate |Westminster Group Announcements | Westminster Group: Westminster awarded Queen's Award for Enterprise


 
Westminster Group plc is a specialist security and services group operating worldwide via an extensive international network of agents and offices in over 50 countries.
 
Westminster s principal activity is the design, supply and ongoing support of advanced technology security solutions, encompassing a wide range of surveillance, detection (including Fever Detection), tracking and interception technologies and the provision of long-term managed services contracts such as the management and running of complete security services and solutions in airports, ports and other such facilities together with the provision of manpower, consultancy and training services. The majority of its customer base, by value, comprises governments and government agencies, non-governmental organisations (NGO s) and blue-chip commercial organisations. ....

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