Westminster starts 2019 on 'strong note'; sees significant annual revenue growth
StockMarketWire.com - Security services company Westminster Group said trading so far in 2019 had started on a 'strong note', with both order intake and revenues ahead of budget.
'Passenger numbers for our West Africa airport operations for the first five months of 2019 are at record levels and both our managed services and technology divisions continue to have a healthy and active enquiry bank,' chief executive Peter Fowler said in speech notes for the company's AGM.
Fowler said the company expected steady revenue growth posted in the past few years to continue.
'Based on our current order book, the improvement in our airport passenger numbers and our run rate business, including Keyguard and Euro Ops, we expect 2019 revenues to be significantly ahead of 2018 even without any further new major contract awards, which of course would materially improve the results,' he said.
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