Pennant International Group plc provided earnings guidance for the year 2017 and 2018. For the 2017, the company reported revenue of over £18 million and EBITA of approximately £2.1 million. The estimated impact on the Group's underlying earnings per share for Fiscal Year 2018 is an increase of approximately 9 pence. The anticipated net effect of Pennant adopting IFRS 15 (taking into account the Opening Adjustment and the later recognition of revenue and profit) is a positive adjustment to revenue and EBITA for 2018 of £2 million and £1 million respectively.