Maintel affirms guidance for 10% dividend increase on higher revenue
Source - SMW
Technology group Maintel Holdings said that trading for the year through December was in line with expectations.
Revenue was expected to be "marginally" higher than anticipated, while adjusted Ebitda would be around £12.5m.
The closing net debt position would also be better than expected, while the full-year dividend would grow by 10%, in line with guidance.
'The board remains confident in delivering substantial growth in revenue and Ebitda in the full year to 31 December 2018,' Maintel said.