StockMarketWire.com - Westminster Group has narrowed its FY pretax loss to £1.99m, from a loss of £2.44m. Revenue was broadly flat at £3.4m, from £3.5m.

CEO Peter Fowler said the company's 2015 results and achievements reflected not only the continuing challenges it faced, such as the ongoing Ebola crisis, ferry delays, and the oil price collapse, but also the measures it implemented to deal with them and move the business forward.

"Following two years of dealing with and overcoming a range of challenging issues, I believe we are now emerging leaner, stronger, and as a result of the strategic review we are undertaking, better structured to ensure maximum shareholder benefit is achieved from the numerous large scale, long term and high margin Managed Services opportunities we are developing," he said.

"These Managed Services opportunities are now a key focus of our business and we remain excited about our future growth prospects."






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