Cheltenham-based training tech provider, Pennant International Group, has announced that its trading is in line with expectations. The Group has revealed that its key markets are experiencing a significant increase in activity.
Over the past six months, Pennant has quoted on more than £32 million worth of new business opportunities. These opportunities span the entire spectrum of the Group’s product and services offerings.
The company stated:
“While challenging in the short term, it is not unusual for the acquisition of training and support solutions to be finalised after the commencement of the main vehicle/platform purchase.”
Pennant International has undergone a leadership change with Philip Cotton stepping down as Chair. Ian Dighé, the Chair Designate, has taken over the role.
Ian Dighé expressed his gratitude, saying:
“The Board would like to thank Phil Cotton for his five years of service and we wish him all the best for the future. The process to find a new independent non-executive director with skills that complement the existing Board is commencing.”
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.
