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210.00p (-4.00p) -1.87% Down AIM Industrials £48.78m
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Commentary

Provider of contract and permanent staff in the technical staffing arena in the UK

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Articles from the Sector

Financial History

Financial Year End 31/07/2006 31/07/2007 31/07/2008
Currency GBP GBP GBP
Turnover 158.13 202.78 258.83
Operating Profit 8.39 10.68 13.79
Pretax Profit 7.84 9.87 12.80
Earnings After Tax 5.74 6.71 9.09
Profit Available For Dividend 0.00 0.00 0.00
Ordinary Dividends 0.00 0.00 0.00
Retained Profit 5.74 0.00 0.00
Shareholders Funds 7.25 10.82 17.07
Net Current Assets 5.85 0.00 0.00
Adjusted Earnings Per Share Undiluted 0.00 29.86 39.34
Adj Earnings Per Share 0.00 29.14 38.25
Dividend Per Share 0.00 13.70 15.60

Company Details

Address 1450 Parkway, Solent Business Park, Whiteley, Fareham, PO15 7AF
Telephone 01489 898 989
Fax 01489 898 290

Executives

Chairman George Materna (34.10% holding)
Managing Director Adrian Gunn (1.70% holding)
Finance Director Anthony Dyer (1.10% holding)
Deputy Chairman Andrew White (4.90% holding)

Main Shareholders

Paul Raine: 8%
Octopus Asset Management: 5.4%
Stephen Searle and his wife: 4.1%
Pension Services Limited: 3.2%

Advisers

Nominated Adviser Arbuthnot Securities
Nominated Broker Arbuthnot Securities
Solicitors Bond Pearce
Auditors Grant Thornton
Registrar Capita Registrars

Commentary

Provider of contract and permanent staff in the technical staffing arena in the UK

Company Data

Code MTEC
Sedol GB00B1FMDQ
Shares In Issue 23.230 m
Indices Aim
Entry on AIM 27/10/2006
Interim Results Mar
Final Results Oct
Year End Jul
Accounts Due Oct
Int div payment Jun
Fin div payment Dec
Int net div per share 10.6
Fin net div per share 5.0
Probable CGT relief Yes