Maintel Holdings (GB:MAI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Maintel Holdings PLC reports a pivotal half-year with significant profitability improvements, a 27.1% reduction in net debt, and accelerated underlying growth, despite a slight drop in group revenue. The company’s strategic shift towards specialized communications services has led to securing multi-million pound contracts, and they launched new cyber security services and a Maintel Application Platform. Adjusted EBITDA rose by 28.2%, and the company shows promise for the remainder of the year with a cautious optimism.
For further insights into GB:MAI stock, check out TipRanks’ Stock Analysis page.