UK's Westminster Group rises as FY revenue surges 35%

Westminster

01/06/2023 09:12

** Shares of tech-based security solutions supplier
Westminster Group  WSG.L  up about 52% at 1.2 pence
    ** Co reports FY revenue of 9.5 mln pounds (11.8 mln
pounds), compared with 7.1 mln pounds ($8.81 mln) last year 
    ** Co benefits across all its divisions, helped by robust
demand as it recovers from pandemic challenges
    ** Westminster believes 2023 will see profitability and
higher revenue on the back of new contracts
    ** Including session's gains, stock down 3.5% YTD
    
   
   

 (Reporting by Tanya Jain)
 ((Tanya.Jain@thomsonreuters.com))