News blog
Westminster Group
- BY: Andrew Hore |
- POSTED: 17/01/2012 |
- COMMENTS: Add yours
Shares in Westminster Group rose 44% to 11.5p after the security systems and products supplier reported a 260% increase in revenues in 2011.
Interim revenues fell from £2.35m to £1.78m but the full year figure jumped from £3.8m to £10m and gross margins improved. This enabled Westminster to make a significant second half profit.
The order book was worth £4.7m at the end of the year. Westminster has always had lumpy revenues and it is trying to develop recurring revenues.
Last year, Westminster raised £605,000 at 12p a share but year end cash balances were only £100,000 higher at £400,000.
© 2007 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- 2.4mNumber of messages posted on SocialGo networks
- $38mCost savings generated by ideas from WalMart staff over a two month period
- 19.4m
Number of people passing through Johannesburg Airport in 2007
- News Blog
- All micro news
Pursuit Dynamics
Steam-based technology developer Pursuit Dynamics lost four-fifths of its value after it said that Procter & Gamble will not be taking up an option to licence the company’s technology and that means that 2011-12 revenues will be much lower than expected.
Mercom Oil Sands
Oil sands properties developer Mercom Oil Sands plans to join Aim on 29 May.
Plus Markets Group
ICAP has acquired the Plus-SX business from Plus Markets Group but it is unlikely to be particularly interested in the Plus-quoted segment and its companies.
Sanderson Group
Enterprise software provider Sanderson Group is continuing to benefit from growth in multi-channel retailing.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|