This morning's results release from PEN reflects good progress made during FY23, notably a big turnaround in numbers, with an upwards swing in profits in line with our forecast £15.5m revenues and adj. PBT at £1.3m (adjusted for amortization and costs of halted acquisition). The company provides software / integrated product support solutions to a long client list of OEM's and governments, while also supplying complex training systems to household name global clients, mainly in the defence secto ....
