Last checked at 2 Feb 2012 07:00
Maintel Holdings Plc
("Maintel" or the "Group")
Trading Statement
Maintel, the telecoms and data services company, is pleased to report that trading profits for the year to 31 December 2011 are expected to be moderately ahead of market expectations. The Group has achieved robust levels of growth during the period and has seen improved profitability in its Maintenance and Network Services divisions, as well as an encouraging initial contribution from Totility.
In addition, we have seen a solid start to 2012, with healthy new order pipelines across the Group. Furthermore, the integration of Totility is progressing well and initial cross selling is proving successful.
Notwithstanding the broader macro economic environment, we are confident in our financial outlook for the year ahead.
2 February 2012
Enquiries:
Eddie Buxton - Chief Executive 020 7401 4601
Dale Todd - Finance Director 020 7401 0562
Marc Young - FinnCap 020 7600 1658