Audio Note: Pennant International – Positive results, change momentum gathering pace

In this audio note, Zeus’ Nick Spoliar summarises the investment case for Pennant International.

H1 results from PEN mark a positive half-way point to full-year expectations, with revenues more than halfway to consensus forecasts, the gross profit enhanced by 50 basis points and a reduced pre-tax loss (before non-underlying costs).

Listen to the audio note below, and read the full research here.

Listen to all episodes of the Zeus Research team Audio Notes here.

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