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Investegate |Pennant Int. Group Announcements | Pennant Int. Group: 2021 Interim Results

Investegate announcements from Pennant Int. Group, 2021 Interim Results ....

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Pennant International (AIM:PEN) | RNS | Pennant Int. Group

2020 was a challenging year across the globe, with Covid-19 impacting innumerable economies, industries, livelihoods and lives.
Pennant was certainly not immune to the pandemic s effects and in the Group s Interim Results statement published last September, I reported that the first half of the year had been challenging, with Covid-19 having a significant impact on revenues across the Group which resulted in an underlying EBITA loss of
£2.0m for the period.
However, I am pleased to report that, as anticipated, the Group s performance materially improved in the second half, to produce an underlying EBITA profit of
£1.0m for the six months ended ....

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