By Frank Prenesti
Date: Wednesday 20 Jan 2016
LONDON (ShareCast) - (ShareCast News) - Airport security specialist Westminster Group said it had signed a memorandum of understanding with an unnamed government client to provide services at "several international airports" within the country concerned.
Chief executive Peter Fowler said the latest potential deal was with a "country with strong GDP growth".
"Our managed Services division now has five separate memorandums of understanding in place covering numerous airports in different regions of the world serving an aggregate of approximately 6m embarking passengers annually," he said.
"The geographic spread of these opportunities away from our existing operations will greatly mitigate regional risk in the future."
Fowler said the need for greater airport security in the current climate of an increased global terror threat "gives the board confidence that there is a need for the company's solution and that this bodes well for the future prospects of the group."
Email this article to a friend
or share it with one of these popular networks:
Currency | UK Pounds |
Share Price | 2.60p |
Change Today | -0.050p |
% Change | -1.89 % |
52 Week High | 3.50 |
52 Week Low | 1.08 |
Volume | 278,713 |
Shares Issued | 330.51m |
Market Cap | £8.59m |
RiskGrade | 329 |
Value |
---|
Price Trend |
---|
Income |
---|
Growth |
---|
No dividends found |
Time | Volume / Share Price |
10:02 | 2,777 @ 2.70p |
10:01 | 18,610 @ 2.65p |
09:40 | 9,763 @ 2.51p |
09:38 | 1,905 @ 2.50p |
09:38 | 43,682 @ 2.54p |
You are here: research