Recently, PEN updated the market in relation to IFRS15 and took the opportunity to highlight inline results – which are reported today. No surprises here, therefore, but some good news on (1) trading and (2) a major UK contract. On trading, the company is flagging an encouraging start to FY2018E, with forecasts for the current year well covered, good prospects and a decent pipeline of active bids. On this last, the fundamentals of the company have expanded in recent years, with a wider spread of ....
12 Mar 2018
FY17A inline, encouraging start to ‘18E, major contract grows
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
FY17A inline, encouraging start to ‘18E, major contract grows
Pennant International Group plc (PEN:LON) | 29.7 0 0.0% | Mkt Cap: 11.0m
- Published:
12 Mar 2018 -
Author:
Nick Spoliar -
Pages:
5
Recently, PEN updated the market in relation to IFRS15 and took the opportunity to highlight inline results – which are reported today. No surprises here, therefore, but some good news on (1) trading and (2) a major UK contract. On trading, the company is flagging an encouraging start to FY2018E, with forecasts for the current year well covered, good prospects and a decent pipeline of active bids. On this last, the fundamentals of the company have expanded in recent years, with a wider spread of ....