Simulation and training provider Pennant International lept in morning trading after it increased its full-year forecasts.
Without providing any figures the company said that its directors have carried out a review of current trading.
"This has shown improved performance in all operating divisions and as a result the directors consider that revenues and profits for 2012 are likely to exceed current market expectations."
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
By 09:45, the stock had risen 12.2%.
BS
