Pennant International profits soar

Pennant International, the training firm focused on defence, rail and aeronautics clients, has reported big rises in revenues and profits as a steady stream of major contracts has buoyed first half results.

Pennant International, the training firm focused on defence, rail and aeronautics clients, has reported big rises in revenues and profits as a steady stream of major contracts has buoyed first half results.

Revenue for the six months to the end of June were £7.1m, up 43% on the same period of last year. The profit before tax figure was even stronger, almost tripling from £0.272m to £0.755m.

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