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Made Tech posts sharp annual sales rise amid government contract wins

ALN

Made Tech Group PLC on Monday posted a significant increase in sales bookings amid contract wins in the second half of its financial year that ends in late May.

The London-based provider of digital, data and technology services to the UK public sector said sales bookings in the year to date total £68.2 million, already 89% higher than £36.0 million it had reported for financial 2024. Sales bookings have grown 62% from £42.0 million in the first half of financial 2025.

Made Tech highlighted contract wins in the second financial half, including two call-off contracts with UK’s Department for Business & Trade. One of the contracts is worth £6.0 million over a two-year period, with an option for the department to extend for a third year valued at £2.0 million.

The second contract with the business department is worth £6.0 million over a four-year period, aimed at continuing to develop and improve the department’s data platform and analytical tools.

A third contract win, with the UK Ministry of Justice, is worth £6.0 million over two years, and continues the firm’s digital partnership with the ministry’s electronic monitoring programme.

Made Tech said trading during the ongoing second financial half remains strong, as it is on track to achieve double-digit percentage annual revenue and adjusted earnings before interest, tax, depreciation and amortisation growth for financial 2025, in line with market expectations.

It added that the continued ‘sales momentum’ and bid activity underpinned its confidence for financial 2026.

Chief Executive Officer Rory MacDonald said: ‘We are pleased that the Department for Business & Trade and the Ministry of Justice have chosen to partner with us once again. These wins expand our relationships across multiple service lines, demonstrating the government’s confidence in our ability to deliver critical digital solutions and reinforcing our reputation in the market.’

Made Tech shares rose 4.3% to 23.20 pence each on Monday morning in London, giving it a market capitalisation of £34.6 million.

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