Pennant announces Interim Results for the six months ended 30 June 2020.

Commenting on the results, Chairman Simon Moore said:

“The First Half was challenging, with Covid-19 having a significant impact on revenues across the Group, resulting in an operating loss being recorded at the end of the Period.

However, cash generated from operations was strong amounting to £3.8 million and the Group also secured increased borrowing facilities totalling £4m (undrawn at Period end).

Having navigated this exceptional period, material improvements in performance are anticipated in the second half as revenues across the Group improve.”

Click here to view the full Results.


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