Pennant gets lift off on helicopters contract
26th Mar 2012 10:30
Pennant, the computer simulation training and logistics company, shot up on Monday on the back of an increase in the size of its AgustaWestland helicopters contract. Pennant's biggest business is providing training systems for engineers, mainly in the defence sector, with the Training division gene
Read morePennant eyes better than expected 2012
21st Dec 2011 07:40
Training services firm Pennant International said it expects revenues in 2012 are now likely to exceed previous expectations after an increase in the delivery of major contracts. Trading in the second half of the year ending 31 December 2011 has continued in line with expectations and the order boo
Read morePennant surges on helicopter contract
22nd Mar 2011 14:52
Pennant International leapt Tuesday after it was awarded a £10m aircraft training equipment contract with Anglo-Italian helicopter firm AgustaWestland. Through its wholly-owned subsidiary, Pennant Training Systems, the group will develop maintenance training equipment for the AW159 Lynx Wildcat he
Read moreSmall caps: Avingtrans, Hydrogen, Murgitroyd...
6th Sep 2010 14:35
Component designer Avingtrans has been chosen by Siemens MR Magnet Technology to manufacture precision machined formers for Siemens' next generation Magnetic Resonance Imaging systems. Once the product is in full production in 2012, the annualised value of this new product to Metalcraft will be ap
Read morePennant returns to profit
29th Mar 2010 07:54
Logistics software developer Pennant moved into a full year profit after a good performance in all parts of its business. The group reported a pre-tax profit of £300,950 for the year ended 31 December 2009 from a loss of £500,383 the year before. Revenue slipped to £9.5m from £9.8m previously. Gros
Read moreSmall caps round-up: 32Red, Alkane, Norseman...
10th Mar 2010 11:21
Online casino operator 32Red enjoyed a "strong" recovery in the second half and said revenues increased 10% in January and February. Profit before tax fell to £530,186 in 2009 from £1.27m a year ago on revenue down 2% to £12.75m. The 32Red Casino business led the fight back, helping total second ha
Read morePennant hit by economic downturn
15th Jun 2009 14:47
Pennant said the general sharp economic downturn in the second half of 2008 was challenging, pushing the logistics software developer into losses for the year and significantly lowering revenues. Pre-tax losses came in at £500,000 against the profit of £1.18m before on revenues that slid to £9.8m f
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