Westminster Group reported results in line with our forecast, with the Technology Division taking a hard hit from Covid. The Services Division actually increased profit by 75% YoY and is powering ahead. Further contract wins as the strategy delivers, the potential implementation of the DRC airport contract and a likely recovery in performance from the Technology Division could see our prior forecasts for FY22 met. However, we have decided to put our forecasts onto a much more conservative footin ....
29 Apr 2022
Westminster Group* - FY21 results – Positive outlook rebased
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Westminster Group* - FY21 results – Positive outlook rebased
Westminster Group plc (WSG:LON) | 3.0 0 0.0% | Mkt Cap: 9.75m
- Published:
29 Apr 2022 -
Author:
Colin Smith -
Pages:
6
Westminster Group reported results in line with our forecast, with the Technology Division taking a hard hit from Covid. The Services Division actually increased profit by 75% YoY and is powering ahead. Further contract wins as the strategy delivers, the potential implementation of the DRC airport contract and a likely recovery in performance from the Technology Division could see our prior forecasts for FY22 met. However, we have decided to put our forecasts onto a much more conservative footin ....