Maintel continues to pursue the strategic pivot from lower-margin generalist service provider to a higher-margin specialist across three core high growth technology segments. The trading update for the year ending December 2024 details progress in 2H vs 1H, with FY EBITDA of £10.5m (vs £11.5mE) from revenue of £97.9m (vs £103mE), leading to net debt at year end of £16.7m (vs £14.5mE). The prior year had been flattered by the unwind of the orderbook built up 2020-2022 as the effects of COVID wash ....
