Pre Close Trading Update

RNS Number : 6464N

Westminster Group PLC

23 February 2009

 



23rd February 2009

Westminster Group Plc: 

Pre-close trading update and 

Notice of 2008 Preliminary Results

Westminster Group Plc ('Westminster' or the 'Group'), the AIM listed supplier of system solutions and products to the security, defence, fire protection and safety markets worldwide, will announce preliminary results for the year ended 31st December 2008 on Friday 24th April 2009.

Historically, the business has shown a seasonal revenue pattern, with a bias towards the second half of the year, which was repeated in 2008. The order book at the year end stood at £4.2million, compared with £1.5m at 31st December 2007.

Taking the year as a whole, the Board is satisfied with the Group's trading performance in 2008 which is in line with market expectations. Westminster has no borrowings and at 31st December 2008 had net cash of £570,000.

Enquiries:

Peter Fowler                         01295 756 300

Chief Executive - Westminster Group Plc

Charlie Cunningham            020 7600 1658

FinnCap

Tom Cooper/Paul Vann        0117 920 0092

Winningtons Financial

Notes:

Westminster Group plc is a leader in the supply of system solutions and products to the security, defence, fire protection and safety markets worldwide.

Westminster's principal activity is the design, supply and ongoing support of advanced technology security solutions. These can range from product only assignments, such as the supply of specialised scanners, to the design and implementation of an integrated system solution such as a border detection and surveillance system. The majority of its customer base, by value, comprises governments and government agencies, non governmental organisations and blue chip commercial organisations.

 

END

 

 

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