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Pin to quick picksMaintel Regulatory News (MAI)

Share Price Information for Maintel (MAI)

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92.50    0.00 (0.00%)
Bid:
85.00
Ask:
100.00
Spread: 15.00 (17.647%)
Market Cap: £13.28m
MAI Live PriceLast checked at - London Stock Exchange

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Trading Statement

23 Dec 2008 10:02

RNS Number : 6734K
Maintel Holdings PLC
23 December 2008
 



Maintel Holdings Plc

("Maintel" or the "Company")

Trading Statement

Maintel Holdings Plc would like to advise the market of its anticipated performance for the year ending 31 December 2008. We are pleased to confirm that, as highlighted in our half year statement, the second half of the year has shown significant improvement on the first half following the major new support contracts noted in the statement and the cost cutting exercises made in May 2008. However, the extraordinary market conditions have reduced expected income from additional equipment sales and whilst maintenance and other contracted revenue remain healthy, this will inevitably have an effect on profitability. We are therefore estimating that, subject to audit, profit before amortisation and exceptionals for the year to 31 December 2008 will be approximately £2.0m.

Our preliminary results for the year to 31 December 2008 together with a trading outlook for 2009 will be announced in mid-March 2009.

23 December 2008

Enquiries:

Dale Todd - Finance Director 020 7401 0562

Tim Mason - Chief Executive 020 7401 4601

This information is provided by RNS
The company news service from the London Stock Exchange
 
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