Made Tech sees 'robust sales booking momentum' throughout H2
By Iain Gilbert
Date: Monday 07 Apr 2025
(Sharecast News) - Public sector services firm Made Tech said on Monday that it has seen "continued robust sales booking momentum" through the second half of FY25.
Made Tech said year-to-date sales bookings now totalled £68.2m, representing an increase of £26.2m on H1 and an 89% year-on-year improvement.
The AIM-listed firm stated contract so far in H2 included two call-off contracts with the Department for Business and Trade, valued at a combined total of approximately £8.0m, and a third contract with the Ministry of Justice worth roughly £6.0m over two years.
Made Tech also confirmed that trading during H2 "remains strong" and that it was on track to achieve double-digit percentage annual revenue and adjusted underlying earnings growth for FY25.
Chief executive Rory MacDonald said: "We are pleased that the Department for Business and Trade and the Ministry of Justice have chosen to partner with us once again. These wins expand our relationships across multiple service lines, demonstrating the Government's confidence in our ability to deliver critical digital solutions and reinforcing our reputation in the market."
As of 1135 BST, Made Tech shares were up 1.71% at 22.63p.
Reporting by Iain Gilbert at Sharecast.com
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