Reorganised Maintel flags improved full-year revenue, earnings

22nd Jan 2024 13:55

(Sharecast News) - Cloud, network, and security managed communications provider Maintel said in a full-year update on Monday that its strategic efforts and business reorganisation had yielded positive results, positioning it for growth in the coming year.

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Maintel replaces NatWest facility with 'more favourable' HSBC deal

25th Mar 2022 10:32

(Sharecast News) - Cloud, network and security service provider Maintel announced a new refinancing agreement with HSBC UK on Friday, for a £26m facility over a minimum three-year term.

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Maintel agrees to sell managed print business

18th Mar 2021 08:45

(Sharecast News) - Cloud and managed communication services provider Maintel has conditionally agreed to sell its managed print services business unit to Corona Corporate Group (CCS), it announced on Thursday, for £4.5m in cash.

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Director dealings: Maintel chairman boosts stake with hefty purchase

11th Jan 2021 16:47

(Sharecast News) - Maintel's non-executive chairman picked up a large batch of shares in the cloud and managed services outfit.

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Maintel slashes costs as revenue and earnings fall

15th Sep 2020 09:14

(Sharecast News) - Cloud and managed communications provider Maintel Holdings reported a 17% reduction in revenue in its first half on Tuesday, to £53.4m, with recurring revenue at 74%, up from 69%.

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Maintel issues profit warning, halves dividend

9th Jan 2020 09:33

(Sharecast News) - Cloud and managed services company Maintel Holdings warned on Thursday that full-year revenues and adjusted underlying earnings would be lower than expected as its dividend was halved .

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Maintel taps Ioan MacRae for chief executive

1st Oct 2019 08:08

(Sharecast News) - Cloud and managed services specialist Maintel Holdings named Ioan MacRae as chief executive officer on Tuesday, effective from 14 October.

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Maintel revenue dips as Brexit worries weigh

2nd Sep 2019 13:12

(Sharecast News) - Shares in Maintel Holdings dipped on Monday after it reported a drop in interim revenue and warned Brexit uncertainty was beginning to interfere with contracts.

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Maintel profits soar after record cloud contract wins

18th Mar 2019 08:28

(Sharecast News) - Maintel Holdings stormed skywards on Monday after a slew of new contracts, including its two largest ever cloud contracts, led to increases in both annual profit and revenue.

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Maintel Holdings CFO Mark Townsend stepping down

4th Mar 2019 15:10

(Sharecast News) - Maintel Holdings said on Monday that chief financial officer Mark Townsend plans to leave the company.

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Maintel expects earnings at top end of guidance

28th Jan 2019 10:06

(Sharecast News) - Communication services Maintel traded "comfortably" in line with revised market expectations in its recently wrapped up trading year.

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Maintel shares tumble as delayed revenues drag EBITDA

21st Nov 2018 09:44

(Sharecast News) - Maintel shares tumbled in early trading on Wednesday after the cloud services provider warned investors of lower revenues and earnings in its second half.

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Maintel Holdings confident in second half performance

10th Sep 2018 14:57

(Sharecast News) - Communications cloud and managed services provider Maintel Holdings announced its interim results for the six months to 30 June on Monday, reporting a 14% improvement in revenue to £66.5m, with recurring revenue at 70%.

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Maintel reports 19% jump in annual pre-tax profit

8th Apr 2016 13:28

(ShareCast News) - Telecom and data services company Maintel reported a 19% jump in full year pre-tax profit as revenues were boosted following the acquisition of Proximity Communications. Adjusted pre-tax profit in the year to 31 December 2015 rose to £7.1m from £6.1m. Revenues increased 21% to £50

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Maintel shares fall as profit declines

10th Sep 2012 12:27

Maintel, a telecoms and data services company, increased its revenues by six per cent in the first half of 2012, boosted by a significant contribution from its acquisition of Totility in October the previous year. Revenue for the period rose to £13.5m (H1 2011 - £12.7m), delivering adjusted profit

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