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Pin to quick picksMaintel Share News (MAI)

Share Price Information for Maintel (MAI)

London Stock Exchange
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Share Price: 230.00
Bid: 220.00
Ask: 240.00
Change: 0.00 (0.00%)
Spread: 20.00 (9.091%)
Open: 230.00
High: 230.00
Low: 230.00
Prev. Close: 230.00
MAI Live PriceLast checked at -

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Maintel shares fall as profit declines

Mon, 10th Sep 2012 12:27

Maintel, a telecoms and data services company, increased its revenues by six per cent in the first half of 2012, boosted by a significant contribution from its acquisition of Totility in October the previous year. Revenue for the period rose to £13.5m (H1 2011 - £12.7m), delivering adjusted profit before tax up 38% at £2.35m (H1 2011 - £1.71m) which equates to adjusted earnings per share of 16.6p (H1 2011 - 11.9p), an increase of 39%.Cost of sales remained stable, edging up slightly from £8.3m to £8.4m. Gross profit came in at £5.1m compared to £4.3m. Actual pre-tax profit was £0.2m compared to £1.6m the same half the previous year. Totility generated gross profit of £0.86m, while the Network services business put in a "robust performance", with revenues up 10% at slightly improved margins. The firm said: "These two businesses made up for the anticipated slowing in our Maintenance and Equipment division where the winding down of two fixed term contracts and other attrition were only offset towards the end of the period by a significant new business win. Equipment sales returned to historically more normal proportions after an exceptional year in 2011."The second half has begun quietly but we have a good maintenance and equipment pipeline to close which with mobile and network services prospects gives us cautious optimism for the full year."Cash at the mid-year point was £2.12m (31 December 2011 - £2.95m). The company has proposed a dividend payment of 6.3p per share (H1 2011: 4.6p), to be paid on October 5th. The share price fell 1.95% to 377.50p by 12:50.NR
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9 Jan 2020 10:04

Maintel Holdings Shares Fall 30% As It Guides For "Disappointing" Year

Maintel Holdings Shares Fall 30% As It Guides For "Disappointing" Year

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9 Jan 2020 09:33

Maintel issues profit warning, halves dividend

(Sharecast News) - Cloud and managed services company Maintel Holdings warned on Thursday that full-year revenues and adjusted underlying earnings would be lower than expected as its dividend was halved .

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1 Oct 2019 18:34

Maintel Hires Former Avaya UK Managing Director As Chief Executive

Maintel Hires Former Avaya UK Managing Director As Chief Executive

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1 Oct 2019 08:08

Maintel taps Ioan MacRae for chief executive

(Sharecast News) - Cloud and managed services specialist Maintel Holdings named Ioan MacRae as chief executive officer on Tuesday, effective from 14 October.

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2 Sep 2019 13:12

Maintel revenue dips as Brexit worries weigh

(Sharecast News) - Shares in Maintel Holdings dipped on Monday after it reported a drop in interim revenue and warned Brexit uncertainty was beginning to interfere with contracts.

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2 Sep 2019 10:36

Maintel Swings To Interim Profit As Chief Executive To Depart

(Alliance News) - Maintel Holdings PLC on Monday reported a swing to interim profit and said its 10-year veteran chief executive officer, Eddie Buxton, will leave at the end of the year.The

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19 Jul 2019 14:09

Maintel Finance Chief Makes Resignation U-Turn, Receives Shares

(Alliance News) - Maintel Holdings PLC said Friday that Chief Financial Officer Mark Townsend has revoked his resignation and will remain with the company.Townsend, who will also remain on

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3 May 2019 11:06

Maintel Co-Founder McCaffrey Reverts To Non-Executive Position

LONDON (Alliance News) - Maintel Holdings PLC co-Founder & Executive Director Angus McCaffrey has stepped down from his position, Maintel said Friday.McCaffrey will become a director to

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18 Mar 2019 10:28

Maintel Sees Profit Growth In 2018 As It Transitions To Cloud Services

LONDON (Alliance News) - Maintel Holdings PLC on Monday reported a rise in profit and revenue in 2018 as the communications service provider shifted its product focus.Shares in Maintel were

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18 Mar 2019 08:28

Maintel profits soar after record cloud contract wins

(Sharecast News) - Maintel Holdings stormed skywards on Monday after a slew of new contracts, including its two largest ever cloud contracts, led to increases in both annual profit and revenue.

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4 Mar 2019 15:10

Maintel Holdings CFO Mark Townsend stepping down

(Sharecast News) - Maintel Holdings said on Monday that chief financial officer Mark Townsend plans to leave the company.

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4 Mar 2019 12:26

Maintel Chief Financial Officer To Step Down On Personal Reasons

LONDON (Alliance News) - Communication services provider Maintel Holdings PLC said on Monday that Chief Financial Officer Mark Townsend will leave his role and the company, citing personal notice

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28 Jan 2019 10:52

Maintel Expects To Report Double-Digit Growth In Earnings In 2018

LONDON (Alliance News) - Maintel Holdings PLC on Monday said it expects to see at least 10% earnings growth in 2018, helped by the development of its communications software and stock was trading

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28 Jan 2019 10:06

Maintel expects earnings at top end of guidance

(Sharecast News) - Communication services Maintel traded "comfortably" in line with revised market expectations in its recently wrapped up trading year.

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21 Nov 2018 10:32

Maintel Shares Drop As Delays Expected To Impact Earnings

LONDON (Alliance News) - Shares in Maintel Holdings PLC fell on Wednesday as the company said it expects its annual earnings before interest, taxes, depreciation and amortisation to be lower than

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