- Westminster Group believes that the UK's decision to leave the EU will have little material effect on the company's business.

The group says its bubusiness and major value creation opportunities are predominantly focussed on high growth and emerging markets outside of the eurozone, such as Africa, the Middle East and Asia.

As much of the Company's current revenues are in USD, including airline receipts, they more than cover any USD linked expenditure and the company therefore expects that any reduction in the value of sterling will have a positive impact on sterling reported results. The company also adopts appropriate hedging strategies as necessary.

At 2:04pm: [LON:WSG] Westminster Group PLC share price was +0.25p at 12.5p

Story provided by