Maintel Holdings
MAI · AIM · Telecommunications · mcap £11m · 59.0p 1 open situation →
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Turnaround plan with targets◷ in 67 days
Transformation programme
Final phase: Operations restructure planned for H2
The transformation programme is in its final phase, with FY25 savings seen but revenue and EBITDA down. H1 2026 Adjusted EBITDA was £3.2m (down 4.8%) on revenue of £45.2m (down 2.8%). Restructure planning for Operations, about half of all staff, is complete for execution in H2 2026. The programme is due to end in FY 2026.
- FY25 adjusted EBITDA
- £7.2m, down 31.4%
- New business
- About £50m total contract value signed in 2025
- Sales team
- New customer acquisition sales team fully established
- Operations restructure
- planned in H1 2026, executes in H2 2026; covers about half of employees 30 Sep 2026 ↗
- Annualised savings
- about £1.0m from FY 2027 30 Sep 2026 ↗
- FY26 savings
- about £0.4m in-year in the rest of FY 2026 30 Sep 2026 ↗
Next: execute Operations restructure; programme concludes in FY 2026 · 31 Dec 2026
- 30 Sep 2026 Final phase: Operations restructure planned for H2
- 29 Jun 2026 Final phase; FY25 savings seen, refinancing pending
- 13 May 2026 Final phase; refinancing and funding needed
- 22 Jan 2026 Ongoing, cost benefits being realised
Closed · 4
Company filings. Not investment advice.