Pennant finalises deal potentially worth millions
5th Feb 2016 15:16
(ShareCast News) - Pennant International finalised a deal with significant potential value on Friday, signing a contract with an unnamed aerospace and defence contractor. The AIM-traded logistical support company said the contract has a value of £0.1m. It also includes further options which, if exer
Read moreLondon pre-open: CEBR pushes back forecast for first rate rise
28th Sep 2015 07:21
(ShareCast News) - Equities were expected to start the week slightly lower, weighed down by the mixed close to US trading on Friday, ahead of speeches from several Fed speakers and the latest US non-farm payrolls reports looming large on the horizon. The Footsie was seen starting the day about 26 po
Read morePennant International subsidiary wins £7m contract
28th Sep 2015 07:14
(ShareCast News) - Pennant International's wholly-owned subsidiary, Pennant Training Systems, has been awarded a contract worth in excess of £7m by an unnamed global aerospace and defence contractor which is a new customer for Pennant. AIM-listed Pennant, which supplies integrated logistic support s
Read morePennant International tanks as contract delays weigh on full-year revenue
17th Mar 2015 14:16
Shares in management services group Pennant International plummeted over 14% on Tuesday, as the group said contract delays weighed on full-year revenue. The group posted a 3.5% decline in pre-tax profit to £2.17m, as revenue fell 4.8% to £17.8m, which the company attributed to a decline in revenue i
Read moreMonday broker round-up UPDATE
10th Mar 2014 08:43
African British Foods: UBS raises target price from 2890p to 3300p and keeps a buy recommendation. BBA Aviation: Citi ups target price from 335p to 385p and reiterates a buy recommendation. Capita Group: Liberum Capital increases target price from 880p to 1100p upgrading to hold. Centrica: Credit
Read morePennant International´s annual profit powers ahead
10th Mar 2014 08:21
- Full-year profit rises 40 per cent - Wins a string of major contracts - Confident for future trading, lifts dividend payment 30 per cent Training services firm Pennant International booked a 40 per cent surge in annual profit and, with a string of major new contracts, looks ahead to future tradin
Read morePennant International boosts dividend by a third
5th Aug 2013 08:22
Logistics support specialist Pennant International posted a fifty per cent increase in half year pre-tax profit and raised its dividend payment by a third. The group, makes training simulators and computer based training for military and commercial aerospace, said pre-tax profit rose to £1.14m in t
Read moreMonday broker round-up UPDATE
5th Aug 2013 07:06
Anglo American: Citi increases target price from 1400p to 1500p reiterating a neutral rating. Atkins: Jefferies raises target price from 950p to 1075p and retains a hold recommendation. Capita: Berenberg takes target price from 955p to 1060p, while downgrading from buy to hold. Cineworld Group: N
Read moreWednesday broker round-up UPDATE
19th Jun 2013 08:27
Aggreko: UBS cuts target price from 1975p to 1850p downgrading from buy to neutral. JP Morgan revises target price from 1870p to 1800p and retains a neutral rating. Alliance Pharma: Investec shifts target price from 35.20p to 35.80p, while downgrading from add to hold. Associated British Food: UBS
Read morePennant International sees double annual profits
19th Mar 2013 09:41
Pennant International Group said on Tuesday that annual pre-tax profits more than doubled as the supplier of logistic services to the transport industry won major contracts. The company, which serves to defence, rail, aerospace, naval and government departments, reported a pre-tax profit of £1.6m f
Read moreTuesday broker round-up UPDATE
19th Mar 2013 07:21
Admiral Group: Canaccord Genuity raises target price from 1050p to 1215p, but reiterates its sell recommendation. BAE Systems: Investec moves target price from 325p to 375p retaining a hold recommendation. Balfour Beatty: Numis lowers target price from 330p to 300p and downgrades to add. BHP Bill
Read morePennant International awarded largest contract ever
18th Mar 2013 12:55
Pennant International Group, an AIM-listed supplier of integrated logistics support solutions, products and services, has been awarded its largest ever contract. The deal, which is worth approximately £16m over a period of five years is for the development and through life support of training equi
Read morePennant International profits soar
3rd Sep 2012 11:11
Pennant International, the training firm focused on defence, rail and aeronautics clients, has reported big rises in revenues and profits as a steady stream of major contracts has buoyed first half results. Revenue for the six months to the end of June were £7.1m, up 43% on the same period of last
Read morePennant International raises full-year expectations
28th Aug 2012 09:28
Simulation and training provider Pennant International lept in morning trading after it increased its full-year forecasts. Without providing any figures the company said that its directors have carried out a review of current trading. "This has shown improved performance in all operating division
Read moreSmall caps round-up: Cello, DDD, Kewill...
15th May 2012 13:12
Marketing firm Cello Group has reported good trading during the first three months of the year, reflecting 'the strong pipeline of work secured at the end of 2011 and a solid flow of bookings'. The research and consulting division was a strong performer, while the group's focus on the pharmaceutic
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