Maintel Holdings Plc
("Maintel" or the "Company")
Trading Statement
Maintel Holdings Plc would like to update the market on its anticipated performance for the year ending 31 December 2009.
The Company is pleased to confirm that a through a combination of improved profitability across a number of projects, better than projected utilisation of engineer and support resource and continued careful cost management, the second half of the year is showing profitability in excess of that previously anticipated. The Company's business mix continues to move in favour of recurring maintenance revenues with equipment sales running slightly behind anticipated levels for the current period.
19 October 2009
Enquiries:
Eddie Buxton - Chief Executive 020 7401 4601
Dale Todd - Finance Director 020 7401 0562
Marc Young, FinnCap 020 7600 1658