Westminster Group expects lower first-half revenue to Ebola crisis
Westminster Group said its managed services revenues during the first half of the year will be below expectations due to the Ebola crisis.
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The group expects the operating loss to be comparable to the same period last year, driven by a reduction in gross margin due to lower passenger numbers generated by its West African airport operations.
However, without the impact of Ebola, the first-half results would have been "approximately break-even", the group noted. The results also exclude the expected positive impact of the ferry service which is due to become operational in July.
On a more positive note, the company said it sees additional service opportunities around charter and cargo once its flagship ferry vessel is fully operational.
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