Pennant eyes better than expected 2012
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.
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 book remains strong, Pennant said.
"As 2012 approaches visibility of the likely conduct and delivery of major contracts during that year has increased," it added.
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In March the group was awarded a £10m aircraft training equipment contract with Anglo-Italian helicopter firm AgustaWestland.
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