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Birmingham Post

Business

Abigail Turner

Gloucestershire-based technology company Pennant records 'much improved performance' in its end of year results

Gloucestershire AiM

AIM-listed training technology company Pennant International Group has recorded a "much improved performance" in its final results for the year.

The Gloucestershire business, which specialises in training technology for aviation industry announced its final results for the year, reporting that group revenues were down by £2.3m at £13.7m and the firm had earnings of £500,000.

Pennant therefore recorded a loss of £1.4m compared to a loss of £2.5m from the previous year.

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