Westminster in profits warning

AIM-LISTED Westminster Group warned yesterday that its trading results for the second half of 2010 will be materially below market expectations due to delays in government contracts.

The company, which supplies products to the security, defence, fire protection and safety markets worldwide, said its second half revenues were broadly similar to those of the first half. The second half is typically stronger than the first owing to the timing of major contracts. This is expected to result in an operating loss of around £2m to 31 December.