Revenues up sharply at Banbury based global security company


Revenues have jumped nearly a quarter at Westminster Group Plc, the Banbury-based security services and technology-based security company.

Despite Covid-19, the company has reported positive trading for the first half of the year with revenues at around £7 million, up from £5.6 million in the first half of last year.

Westminster’s Chief Executive Officer, Peter Fowler, said: “We have achieved impressive double digit percentage year on year revenue growth over the past few years and it is pleasing to report that, despite the impact of COVID-19 on parts of our business, this trend has continued during the first six months of 2020.  

“Whilst the COVID-19 pandemic continues to create uncertainty for businesses around the world our business model and multiple revenue streams from diverse sources and regions worldwide does provide Westminster with both opportunities and a degree of resilience.

“These are exciting times for Westminster, and over the next few months and years, we have an opportunity to achieve unprecedented growth from the prospects we are pursuing, and the Board and I remain committed to delivering on this potential.”