Saturday, 21 October 2017

Maintel revenue and profits continue to grow

Maintel
Monday 08 September 14

Maintel Holdings Plc, the telecoms and data services company, has announced a growth of 52 percent in Group revenue in its interim results for the six months to 30 June 2014. Its adjusted profit before tax is up by 21 per cent to £2.9m. Increased confidence in the economy has seen companies start to re…

Maintel Holdings Plc, the telecoms and data services company, has announced a growth of 52 percent in Group revenue in its interim results for the six months to 30 June 2014. Its adjusted profit before tax is up by 21 per cent to £2.9m.

Increased confidence in the economy has seen companies start to re-invest in upgrading their communications infrastructures. In particular, Maintel has won significant infrastructure upgrades in the Higher Education, Health and Retail sectors.

In communications, there is a greater move to IP technologies, which have led to more opportunities in data, VoIP and SIP. It also requires companies to outsource the monitoring of their voice and data networks.

In terms of mobile services, Maintel has been adding more larger corporate customers, who are seeing the value of mobile working. This has resulted in an 11 per cent increase in revenue compared with H1 2013.

As companies modernise, there is more demand to outsource the complete management of their voice and data infrastructure. Maintel has accordingly developed an ITIL-based full managed service proposition underpinned by ISO 20000 certification. This new managed service proposition is already gaining traction with two significant customers going live in H2 2014.

Strong equipment and professional services growth has been supplemented by the services and communications technology capabilities that were acquired via Datapoint in 2013. Datapoint is now fully integrated and performing well. This builds on Maintel’s status as the winner of Avaya’s Technical Excellence Award 2014.

Maintel is on track to meet the Board’s full year expectations with a positive outlook for the second half.

Commenting on the Group’s results, Eddie Buxton, CEO, said:
“This is a positive set of results for the Group, with growth in the core Maintel business complemented by a full six months’ contribution from Datapoint. The integration of Datapoint is now complete and we remain open to further acquisitions should they provide clear value to shareholders.”


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