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Maintel Holdings PLC - London-based provider of communications services - Stock falls following trading update which forecasts revenue of around £95.0 million for 2025 ‘with slightly unfavourable gross margin levels’, which would be down annually from £97.9 million. Adjusted earnings before interest, tax, depreciation and amortisation is forecast at around £7.0 million, down from £10.5 million. Maintel explains that it started its second half ‘with its largest sales pipeline for many years’, but has lost ‘a significant key deal for the year’ and pipeline closures have been delayed. Two other key deals were ‘successfully signed’ with a £9.7 million total contract value, but Maintel notes the three deals together ‘were expected to be significant contributors to the full-year performance’. Says it is confident that its ‘continuing transformation programme’ and ‘specialist communications Managed Service Provider strategy’ will ultimately support a return to cash generation, profitability and sustainable growth. Expects to report results for the six months ended June 30 on September 18. Wednesday’s release follows previous updates in June and July, in which Maintel said it was ‘cautiously optimistic of meeting [full-year] market expectations’. Current stock price: 148.75 pence, down 17% on Wednesday in London 12-month change: down 45% Copyright 2025 Alliance News Ltd. All Rights Reserved.
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