Pennant International raises full-year expectations

Simulation and training provider Pennant International lept in morning trading after it increased its full-year forecasts.

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."

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By 09:45, the stock had risen 12.2%.

BS