This morning's results from PEN demonstrate the significant shift within the company as the software business moves strongly ahead (up 40% YoY) and hand in hand with this, visibility grows (65% recurring revenues reported today). PEN supplies software / integrated product support solutions to an extensive client list of OEM's and governments. It can boast a range of well-invested and sophisticated software products, and is selling these into a market which itself is growing rapidly as the produ ....
21 Sep 2022
WH Ireland: Pennant International (PEN) - Gross margin expansion, mix makeover, return to profit – set to deliver strongly
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WH Ireland: Pennant International (PEN) - Gross margin expansion, mix makeover, return to profit – set to deliver strongly
Pennant International Group plc (PEN:LON) | 29.7 0 0.0% | Mkt Cap: 11.0m
- Published:
21 Sep 2022 -
Author:
Nick Spoliar -
Pages:
6
This morning's results from PEN demonstrate the significant shift within the company as the software business moves strongly ahead (up 40% YoY) and hand in hand with this, visibility grows (65% recurring revenues reported today). PEN supplies software / integrated product support solutions to an extensive client list of OEM's and governments. It can boast a range of well-invested and sophisticated software products, and is selling these into a market which itself is growing rapidly as the produ ....