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MTEC — Made Tech News Story

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UK's Made Tech gains on UK government contract, annual revenue forecast raise

BUZZ-UK's Made Tech gains on UK government contract, annual revenue forecast raise

** Shares of Made Tech Group MTECM.L rose 12.4% to 43p,

** British IT services & consulting firm wins four-year UK government contract valued at £40 mln ($54.1 million) as part of a consortium

** Co now expects FY27 revenue between £63 mln to £66 mln above analysts' estimate of £61.8 mln

** YTD, MTECM up about 26%, including session's gains

(1 British pound = $1.3521)


(Reporting by Jahanvi Kothari in Bengaluru)

((jahanvi.kothari@thomsonreuters.com))

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