REG - Maintel Holdings PLC - Trading Update

Maintel HoldingsAnnouncement

Wed 07:00

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RNS Number : 7289X  Maintel Holdings PLC  03 September 2025

03 September 2025

Maintel Holdings plc

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

Trading Update

Maintel Holdings Plc, a leading provider of cloud communications, connectivity
and security managed communications services, issues the following trading
update.

While the Company entered the second half of the year with its largest sales
pipeline for many years, it has experienced delays in pipeline closures and
the loss of a significant key deal for the year.  As a consequence, the Board
now expects revenue for FY 2025 to be around £95.0m, with slightly
unfavourable gross margin levels due to the remaining revenue mix. Adjusted
EBITDA is now expected to be around £7.0m.

The Company entered the second half of the year with three key deals, which
were expected to be significant contributors to the full-year performance. Two
of these deals have been successfully signed. However, the Company was
unfortunately unsuccessful in closing the third material deal despite
excellent feedback from the potential customer.

The two key deals successfully secured represent a total contract value of
£9.7m. The first was with a leading UK retailer to deliver an SD-WAN managed
service across over 300 locations. The second was a managed Local Network
& WIFI contract for a significant county police force. These deals both
sit within the "Security & Connectivity" focus technology pillar for the
Company.

The Board remains committed to its specialist communications Managed Service
Provider strategy and the continued transformation programme, and it is
confident that in combination this will ultimately support the Company's
return to sustainable growth, profitability and cash generation. The Board
believes the Group's focus on continuing to build differentiation in the
market and optimising our operating models for growth will enable the Company
to deliver longer term increase in shareholder value.

The Company expects to announce its unaudited interim results for the six
months ended 30 June 2025 on Thursday, 18 September 2025.

 

For further information, please contact:

 

 Maintel Holdings PLC                                      Tel: 0344 871 1122
 Dan Davies, Chief Executive Officer

 Gab Pirona, Chief Financial Officer

 Cavendish (Nomad and Broker)                              Tel: 020 7220 0500
 Jonny Franklin-Adams / Hamish Waller (Corporate Finance)

 Sunila de Silva (Corporate Broking)

 Hudson Sandler (Financial PR)                             Tel: 020 7796 4133
 Wendy Baker / Nick Moore                                  m (mailto:maintel@hudsonsandler.com) aintel@hudsonsandler.com
                                                           (mailto:maintel@hudsonsandler.com)

 

This announcement contains inside information for the purposes of Article 7 of
EU Regulation 596/2014.

 

Notes to editors

 

Maintel Holdings Plc ("Maintel") is a leading provider of cloud
communications, security and connectivity managed communications services to
the UK public and private sectors. Its services aim to help its clients create
customer experiences, services and workplaces that inspire and empower people,
with a focus across three strategic pillars of technology:

 

·   Unified Communications and Collaboration - Making customers' people more
effective, efficient, and collaborative with UC&C technology. The core
focus of this pillar is the high growth Unified Communications as a Service
(UCaaS) market segment.

 

·     Customer Experience - Helping customers to acquire, delight and
retain their customers using customer experience technology. The core focus of
this pillar is the high growth Contact Centre as a Service (CCaaS) market
segment.

 

·    Security & Connectivity - Securely connecting customers' people,
partners and guests to their cloud platforms, applications, and data with
secure connectivity, and protecting their business from cyber threat. The core
focus of this pillar are the high growth Software Defined Wide Area Networking
(SD-WAN) and Security Service Edge (SSE) segments.

 

Maintel combines technology from its strategic, global technology vendor and
carrier partners, with its own Intellectual Property, deployed from and
managed by its own platforms, to provide seamless solutions that its customers
can consume without the need for the internal skillset required to design,
deploy and manage the technology themselves.

 

Maintel serves the whole market, with a particular focus on key verticals of
Financial Services, Retail, Public Healthcare, Local Government, Higher
Education, Social Housing and Utilities. Its core market constitutes
organisations with between 250 and 10,000 employees in the private, public and
not-for-profit sectors with headquarters in the UK.

 

The Company was founded in 1991 and it listed on London's AIM market in 2004
(AIM: MAI).

 

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