AIM-listed training technology company Pennant International Group has reported “positive trading momentum” in latest results for the first half of the year.
The Gloucestershire business, which specialises in training technology for aviation industry said trading is in line with management expectations. It reported that revenues for the first half of the year were at £7.1m compared to £6.9m in the same period last year.
Bosses at the IPS software and services company said 46% 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.