2nd May 2023 11:04
Made Tech Group PLC - London-based provider of digital, data and technology services to the UK public sector - Says March has delivered a strong financial performance. Trading in the second half of financial year ending on May 31 is going well, with improved utilisation levels and continued momentum in its sales bookings and contracted backlog. However, expects to report lower than anticipated revenue for financial 2023 of GBP40 million. Earnings before interest, tax, depreciation and amortisation is estimated to be at least GBP1.5 million. Made Tech says several of its clients have moved the start date of work packages, previously scheduled for April and May, into financial 2024. In financial 2022, revenue was GBP29.3 million. Read More