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Penna Consulting Says Momentum Continuing, Profit To Be Ahead

24th Sep 2015 08:00

LONDON (Alliance News) - Penna Consulting PLC on Thursday said it has made progress in the first five months of its financial year and said it expects its 2016 financial year outcome will be substantially improved against the year earlier.

Penna Chairman Stephen Rowlinson, in a statement ahead of its annual general meeting, said the group has seen momentum continue in the first five months of the year to the end of March 2016.

He said pretax profit for the year is running around 25% higher year-on-year.

Shares in Penna were up 4.7% to 227.76 pence on Thursday.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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