Telecoms firms expects strong sales and profit increases

Communications group Pinnacle Technology today said full-year results were expected to show significant growth in revenues and operating profits.

In an update to investors, the Stirlingshire-based company said it was confident that the group’s performance remains in line with its current expectations for the financial year as a whole.

Pinnacle provides broadband and other data services at large events such as last year’s royal wedding. Full year results will be announced in February.

The company, led by chief executive Alan Bonner, said: “Pinnacle's pipeline of prospects remains encouraging with growth coming from both our organic activities and our acquired businesses, with particularly encouraging sales pipeline progress for the group's IT Security solutions.

“The board is pleased to note that cross selling across all service lines and geographies is now being rolled out on a regional, UK-wide basis.”