Pinewood Technologies has upgraded its earnings guidance as the pureplay automotive software firm prepares for major overseas expansion supported by a brand refresh as Pinewood.AI.
Sharing information about its vision for global growth in key markets, the business raised its guidance for underlying EBITDA in FY27 to £30 million from £27m.
In the UK, it is targeting a sixth top 20 dealership as a new customer by the end of 2025 following the recent securing of a major five-year contract with AM100 retailer Marshall Motor Group.
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