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Maintel Holdings ( (GB:MAI) ) has provided an announcement.
Maintel Holdings Plc reported significantly improved profitability and organic growth for the year ending December 2024, despite a slight decline in revenue. The company’s strategic pivot towards specialization in high-growth technology segments such as Unified Communications, Customer Experience, and Security & Connectivity has resulted in multi-year contracts and increased recurring revenues. The restructuring and cost control measures have led to a substantial increase in adjusted EBITDA and a decrease in net debt, positioning Maintel well for future growth despite macroeconomic challenges.
More about Maintel Holdings
Maintel Holdings Plc is a leading provider of cloud communications, security, and connectivity managed services to the UK public and private sectors. The company focuses on three strategic pillars: Unified Communications and Collaboration, Customer Experience, and Security & Connectivity, aiming to enhance customer experiences and secure connectivity.
YTD Price Performance: -10.36%
Average Trading Volume: 3,946
Technical Sentiment Signal: Strong Buy
Current Market Cap: £32.31M
For an in-depth examination of MAI stock, go to TipRanks’ Stock Analysis page.