Following a slower than expected start to the year, Maintel has provided an update on its organisational transformation and growing sales momentum.
The company states that H1 was focused on delivering continued pipeline across four technology pillars. Its statement details H1 contract wins including a “significant central government managed service contract through a large global service provider.”
H1 was also spent planning the next phase of its transformation by leveraging internal processes and system efficiency, spend optimisation and operational gearing.
The statement shares that mitigation measures have been implemented to combat increased employer-related costs, that will be realised in the second half of the year to boost profitability.
It reads: “This, combined with the slower conversion of some sales bookings in the first half and the solid progress on pipeline growth for the second half, means the Board remains cautiously optimistic of meeting market expectations for the current year which will be second half weighted.”
The statement also reveals that its senior leadership team has been further strengthened with a new COO expected to join in the summer.