Pennant International Shares Fall By 25% On Weak FY Outlook

pennant international profit warning

Pennant International Profit Warning: Shares in Cheltenham-based microcap Pennant International (LON:PEN) dropped by a quarter today as it revealed that revenue expectations for certain projects as well as the slippage of other contracts into FY2020 would have a ‘material’ affect on profits for this year. The share price dropped sharply but has since recovered some: … Read more