Interim Results Announcement

Today the Pennant Group released its Interim Results for H1 2023.

Commenting on the results, Chairman Philip Cotton said: “I am pleased to report that the Group has maintained positive earnings before interest, taxation and amortisation for a fourth consecutive period, with profitability in-line with market expectations for the year as a whole.

Given the burgeoning technological complexity of military, aviation and rail platforms, the demand for innovative Integrated Product Support solutions is only likely to grow, particularly with increasing defence budgets across the Western world.

Our strategy has been formulated with precisely these factors in mind and with our developing S-Series solutions, we are well-placed to capitalise.”

Click here to view the full Results.

INDUSTRIES

Other industries

(Shipping, Nuclear, Space)