25th Sep 2014 08:29
LONDON (Alliance News) - Penna Consulting PLC Thursday said trading in the first five months of its financial year has been ahead of expectations, continuing the positive performance it posted in its first quarter.
In a statement ahead of its annual general meeting, the human resources consultancy said trading in July and August continued apace with the performance seen in the first quarter, when both pretax profit and revenue were ahead of the year before and exceeded management expectations.
Penna said pretax profit in the five months to August was up 80%, while net revenue in the period is up 23% year-on-year.
Penna Consulting shares rose on the back of the news, up 4.3% at 135 pence per share.
By Sam Unsted; [email protected]; @SamUAtAlliance
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