02 Jun 2021
Maintel - Finals to December herald growth in FY21
Maintel has delivered finals to December 2020 including revenue of £106.4m (£105mE) and EBITDA of £9.5m (£9.5mE) in a year so evidently affected by COVID-19. While there were delays in projects, anticipated from the outset, the group contracted the target 100,000 cloud seats by period end (compared with 78k at FY19 and 80k at 1H20), with a sales pipeline of c130K in hand to achieve the end FY21 target of 150k. However, the restructure initiated with the arrival of CEO Ioan MacRae in October 201 ....
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Maintel - Finals to December herald growth in FY21
Maintel Holdings Plc (MAI:LON) | 275 41.3 5.8% | Mkt Cap: 39.5m
- Published:
02 Jun 2021 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
15
Maintel has delivered finals to December 2020 including revenue of £106.4m (£105mE) and EBITDA of £9.5m (£9.5mE) in a year so evidently affected by COVID-19. While there were delays in projects, anticipated from the outset, the group contracted the target 100,000 cloud seats by period end (compared with 78k at FY19 and 80k at 1H20), with a sales pipeline of c130K in hand to achieve the end FY21 target of 150k. However, the restructure initiated with the arrival of CEO Ioan MacRae in October 201 ....