Cheltenham-based training technology provider Pennant International Group has reported “positive trading momentum” in its financial results for the first half of the year.
The firm, which specialises in training technology for the aviation industry, reported revenues for the first half of the year of £7.1 million compared to £6.9 million in the same period last year.
Investors were told 46 per cent of revenues were generated from software licensing and associated activities.
Pennant International Group plc (LON:PEN) was established over 60 years ago and is a leading global provider of technology-based maintainer training and integrated product support solutions. The Group operates worldwide, with offices in Europe, North America and Australasia.