Pennant International Group plc provided earnings guidance for the year ended December 31, 2014. The company expects underlying pre-tax profits for the group are expected to be in line with market expectations on revenues slightly below expectations. The reported profit after tax for the year is now expected to be significantly ahead of current market expectations.

This is because the group has successfully made claims in respect of Research and Development Qualifying Expenditure for the periods ending 31 December 2012 and 31 December 2013.