Maintel is a leading independent provider of Unified Communications, Contact Centre, Voice, Mobile and Data solutions. With more than 20 years’ experience, Maintel specialises in combining technologies from leading vendors and carriers with the skills of our experts to provide complete end-to-end solutions to our clients.

Supporting 10,000 customer sites, both in our home markets in the UK and Ireland, as well as Europe and globally with our partners, we are the systems integrator and managed services provider of choice for contact centre and communications solutions. We are a founding member of the Intelligent Communications Alliance (ICA), which provides the global reach to deliver solutions wherever our clients do business.

Maintel provides complete solutions across voice, data and mobile, supported by highly skilled staff in specialist areas throughout the design, implementation and support process. Our people are what make us different; we have developed a reputation as experts in our fields of operation and have a proven track record in consistently delivering solutions that surpass requirements and exceed expectations.

(MAI:AIM)


https://www.maintel.co.uk/

03 Mar 2016 Maintel Holdings PLC (16.5 P)

Maintel Holdings will be announcing its results for the six months ended 30 June on 19 September.

Interim results

Ex divi 13.4p Thursday 29 Sept

Trading Update

RNS


RNS Number : 8884U

Maintel Holdings PLC

24 January 2017




Maintel Holdings PLC



("Maintel" or the "Company")



Trading Update for the 12 months to 31 December 2016



Maintel Holdings Plc, the leading systems integrator and managed services provider, is pleased to give an update on trading for the 12 months to 31 December 2016.



Trading in the second half of the financial year has been encouraging, with both full year revenue and profit now expected to be marginally ahead of the Board's expectations. In addition, cash generation has been particularly strong and net debt is now expected to be lower than previously indicated.



Restoration of momentum in the organic Maintel business pre-Azzurri has been especially pleasing, with a significant improvement in the second half. Organic Maintel revenue for the full 12 month period is now expected to show a slight increase against the prior year, following a reported 8% decline in H1.



The integration of Azzurri, following the acquisition in May 2016, is progressing well. The Company expects to deliver synergies in 2016 in line with those announced at the time of the transaction, with cash savings of £1.9m realised in the period. The Board also continues to expect further synergies to be delivered in 2017 in line with market expectations.



Cash generation in the period has been strong, with cost management remaining robust. As a result, net debt at the period end is expected to show a material improvement on initial expectations, with adjusted net debt at £21.5m.



The Company expects to release preliminary results for the period on 20 March 2017.



Eddie Buxton, CEO of Maintel, commented:



"We are delighted with the strong performance over the period, the highlight being the acquisition of Azzurri supported by the robust performance of the core Maintel business. The combination of the enlarged customer base and the broader technological platform positions Maintel well for an exciting growth trajectory in the cloud environment. Our pipeline remains strong and we look forward to 2017 with confidence."

24 Jan finnCap 1,250.00 Corporate

final results

Highlights
 
·      Revenue growth of 114% to £108.3m (2015: £50.6m), including £57.8m contribution from Azzurri[1)
·      Organic revenue growth of 1%, reflecting positive momentum through the year and a strong second half recovery.
·      Increase in recurring revenue to 73% (2015: 69%).
·      Group adjusted EBITDA increased 63% to £12.6m (2015: £7.7m), including £4.9m contribution from Azzurri.
·      Group adjusted profit before tax increased 52% to £11.1m (2015: £7.3m).
·      Adjusted earnings per share [2] of 78.0p (2015: 60.3p).
·      Strong cash performance, with operating cash flow of £10.6m (2015: £6.8m) and underlying cash conversion [3] of 104% of adjusted EBITDA.
·        Period end net debt [4] of £20.1m, equivalent to 1.6x adjusted EBITDA, comfortably ahead of board expectations.
 
·        Proposed final dividend per share of 17.4p (2015: 16.5p), taking full year dividend per share to 30.8p (2015: 29.3p), an increase of 5%, in line with the stated dividend policy.
 
Operational Highlights
 
·      Transformational acquisition of Azzurri completed 4 May 2016.
·      Pleasing performance post-acquisition with notable contract wins.
·      63% growth in the number of contracted seats on ICON Communicate, our Unified Communications cloud platform.
·      Integration progressing well, with £2.2m of synergies realised in the current year and an annualised effect of £5.0m, ahead of stated targets at the time of the transaction.

Acquisition of Intrinsic Technology Limited
RNS
RNS Number : 7165M
Maintel Holdings PLC
01 August 2017
 
 
Maintel Holdings Plc
("Maintel" or the "Company")
 
Acquisition of Intrinsic Technology Limited
 
 
Maintel Holdings Plc, the fast growing provider of managed communications, is pleased to announce the acquisition of the entire issued share capital of Intrinsic Technology Limited ("Intrinsic") for a total consideration of £5.25 million on a cash-free, debt-free basis (the "Acquisition").
 
Highlights:
 
·      Intrinsic enables and manages secure intelligent communications solutions for UK business customers, predominantly medium to large size enterprises and public sector organisations
 
·     Intrinsic adds strong capability in Cisco through its Gold Partner status, and increases Maintel's expertise in the fast growing network security sector
 
·      Intrinsic is expected to be breakeven at the EBITDA level for the remainder of Maintel's current financial year
 
·      With identified synergies, it is expected to generate positive EBITDA and be earnings enhancing in the financial year to December 2018
 
 
 
Eddie Buxton, CEO of Maintel, commented:
 
"The acquisition of Intrinsic makes compelling strategic and financial logic for our shareholders. Intrinsic has an enviable track record as one of the UK's leading Cisco partners and significantly enhances Maintel's strong capability in networking. As well as further broadening our Avaya capabilities, the acquisition also brings the opportunity to offer Maintel's existing portfolio to Intrinsic customers, in particular our ICON suite of cloud and managed services".
 
Maintel intends to report Interim results for the six months ending 30 June 2017 on 11 September 2017.

Acquisition
RNS
RNS Number : 9760S
Maintel Holdings PLC
29 June 2018



Maintel Holdings Plc
("Maintel", the "Company" or the "Group")

Acquisition


Maintel Holdings Plc, the fast-growing provider of managed communications, is pleased to announce a strategic partnership with Atos and the acquisition of certain UK customer contracts with a total net consideration of £5.1 million (the "Acquisition").


Highlights of the Acquisition:
· Maintel is acquiring a customer base which has been divested in order for Atos to focus on a growth strategy through its partners and large customer accounts.
· Following the Acquisition, Maintel will become a new channel partner of Atos.
· The customer contracts acquired are to be transferred to Maintel and revenue will be billed by Maintel, commencing 1 July 2018.
· The consideration of the Acquisition is payable over a period of 4 and half years with spread payment instalments and will be satisfied using the Company's existing cash resources.
· The Acquisition is expected to be accretive in the first full year of ownership.