Maintel Holdings (GB:MAI) has released an update.
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Maintel Holdings PLC reports a pivotal half-year with significant profitability improvements, a 27.1% reduction in net debt, and accelerated underlying growth, despite a slight drop in group revenue. The company’s strategic shift towards specialized communications services has led to securing multi-million pound contracts, and they launched new cyber security services and a Maintel Application Platform. Adjusted EBITDA rose by 28.2%, and the company shows promise for the remainder of the year with a cautious optimism.
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