Westminster (GB:WSG) has released an update.
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Westminster Group PLC has announced its final results for the 18 months ending June 2024, showcasing robust growth driven by key contracts such as a $10 million per annum deal for airport security in the Democratic Republic of Congo. The company reported revenues of £9.1 million, with a significant contribution from its Services Division, and highlighted its strategy of securing long-term recurring revenues. Despite global economic challenges, Westminster has strengthened its financial position with a £1.5 million convertible loan and remains optimistic about future growth.
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