This morning’s update reflects positive developments in FY2018, with 60% of FY2018E PBTA already delivered in the first half (+125% YoY). The £12m re-scoped contract announced back in March falls mainly in the current year, 2019 and 2020, and is progressing well. In March PEN received a Statement of Intent from a major client in relation to a Middle East customer – this remains a significant opportunity beyond the current year. Forecast revenues for the current year are well covered and for FY19 ....
27 Jul 2018
On track and progressing, H1 delivered well
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On track and progressing, H1 delivered well
Pennant International Group plc (PEN:LON) | 29.7 0 0.0% | Mkt Cap: 11.0m
- Published:
27 Jul 2018 -
Author:
Nick Spoliar -
Pages:
4
This morning’s update reflects positive developments in FY2018, with 60% of FY2018E PBTA already delivered in the first half (+125% YoY). The £12m re-scoped contract announced back in March falls mainly in the current year, 2019 and 2020, and is progressing well. In March PEN received a Statement of Intent from a major client in relation to a Middle East customer – this remains a significant opportunity beyond the current year. Forecast revenues for the current year are well covered and for FY19 ....