Pennant International Group plc (LON:PEN), the IPS software and services company, has announced its Interim Results for the six months ended 30 June 2023.
Commenting on the results, Chairman Philip Cotton said:
“I am pleased to report that the Group has maintained positive earnings before interest, taxation and amortisation for a fourth consecutive period, with profitability in-line with market expectations for the year as a whole.
Our plan to re-engineer the business to build on software, services and other higher-margin work – focusing on our unique breadth of products and services across multiple Integrated Product Support disciplines – is producing results.”
Key points: Financial
· Group revenues for the Period of £7.1 million (H1 2022: £6.9 million)