tiprankstipranks
Pinewood Technologies Reports Strong H1 Growth
Company Announcements

Pinewood Technologies Reports Strong H1 Growth

Pendragon (GB:PINE) has released an update.

Don't Miss our Black Friday Offers:

Pinewood Technologies Group PLC showcased a robust first half in 2024 with significant double-digit growth in revenue and gross profit, and successful expansion of their SaaS automotive retail solutions, including a strategic partnership with Lithia Motors. The company has also invested in the automotive AI firm Seez to enhance their product offerings as they prepare for a U.S. market entry. Despite a challenging macroeconomic environment, Pinewood remains confident in meeting its full-year profit expectations in line with market forecasts.

For further insights into GB:PINE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskPinewood Technologies CFO Buys Shares, Signals Confidence
TipRanks UK Auto-Generated NewsdeskPinewood Technologies Sees Major Voting Rights Change
TipRanks UK Auto-Generated NewsdeskPinewood Technologies Director Acquires Shares, Indicating Confidence
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App