Maintel Share News (MAI)

IN BRIEF: Maintel names interim CEO Dan Davies as new chief executive

Maintel Holdings PLC - London-based digital communications firm - Names interim Chief Executive Officer Dan Davies as the new CEO with immediate effect. Davies had been interim CEO since February 2024 and, prior to that, held the position of chief technology officer from 2020. He has held senior positions at Maintel since 2014. Maintel also continues its search for a new independent non-executive chair and will provide an update "in due course".

Maintel Holdings maintains positive outlook as interim losses narrow

(Alliance News) - Maintel Holdings PLC on Thursday said that it expects to show further improvement in financial performance, after narrowing its losses in the first half.

UK earnings, trading statements calendar - next 7 days

TRADING UPDATES: CLS loss narrows; SIMEC strikes BESS deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

IN BRIEF: Maintel aims to meet forecasts despite slow first half sales

Maintel Holdings PLC - London-based cloud and managed communications service provider - Issues trading statement ahead of Wednesday's annual general meeting. "Although mindful of the headwinds faced by the company, the board is cautiously optimistic at this point about delivering against market expectations," Maintel says. Points out sales pipeline remains buoyant and cost control and working capital management is being kept in clear focus. But, notes inbound cost pressures continue to provide a challenge and new contracts were closed later in the year than initially anticipated. This means revenue in the first half of the year has been slower than expected, with the second half set to deliver significantly more revenue than the first as the now secured order book is delivered and more of the pipeline is developed and closed.

UK shareholder meetings calendar - next 7 days

EARNINGS: Anexo revenue up; Maintel hails "confident start" to 2024

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News:

UK earnings, trading statements calendar - next 7 days

CORRECT: Maintel says Executive Chair Carol Thompson to leave post

(Corrected to clarify that Thompson's resignation is not linked to the delay in the release of results.)

IN BRIEF: Maintel says exec chair to resign following results delay

Maintel Holdings PLC - London-based cloud and managed communications service provider - Says Executive Chair Carol Thompson is to leave her role with immediate effect, and further, that Deputy Chair John Booth will not stand for re-appointment at the next AGM. Intends to look for a new non-executive chair to support the "continued transformation of Maintel".

UK earnings, trading statements calendar - next 7 days

IN BRIEF: Maintel Holdings name Dan Davies as interim CEO

Maintel Holdings PLC - London-based cloud and managed communications service provider - Says that, after successfully completing the initial phases of its turnaround plan, Dan Davies has taken over as interim chief executive officer while the company looks for a permanent replacement. Maintel explains that this will allow Carol Thompson to focus on her executive chair role. Both changes are effective immediately.

Reorganised Maintel flags improved full-year revenue, earnings

(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.

Maintel hails "acceleration in trading momentum" above expectations

(Alliance News) - Maintel Holdings PLC on Monday said it traded above expectations in the second half of 2023, after supply chain conditions normalised.

TRADING UPDATES: Maintel outlook promising; Good Energy revenue up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: