Made Tech secures largest contract in its history
Made Tech Group PLC
18 August 2026
MADE TECH GROUP PLC
("Made Tech" or the "Group")
Made Tech secures largest contract in its history
Upgrading Revenue and EBITDA guidance for the second time in 2026
London, 18 August 2026 - Made Tech Group Plc, (AIM:MTEC) a leading provider of digital, data and technology services to the UK public sector, is pleased to announce that it has been appointed as part of a consortium to a significant new four-year contract with a UK government department. The total contract value attributable to Made Tech is expected to be approximately £40 million over the life of the four-year contract award (the "Award"), making it the largest contract award in the Company's history.
Revenue from the Award is expected to commence in FY27, with a more significant contribution expected in FY28. As a result, the Board now expects revenue for FY27 to be in the range of £63 million to £66 million and adjusted EBITDA for FY27 to be in the range of £6.3 million to £6.6 million, ahead of current market expectations.* The Group will be reporting its FY26 final results in September and will provide further colour on the outlook at this stage.
As announced in its recent trading update, sales bookings accelerated significantly in H226. Together with the Award, this has increased the current Contracted Backlog to approximately £115 million, providing increased revenue visibility into FY27 and beyond.
Rory MacDonald, CEO of Made Tech, commented: "This is the largest contract award in our history and marks an important milestone in our growth. The award also endorses our position at the centre of a number of critical programmes across government. Importantly, it also provides greater visibility over future revenues and underpins the Board's confidence in upgrading its expectations for FY27 while reinforcing our confidence in the Group's medium-term growth trajectory. We look forward to working alongside our consortium partners over the coming years."
* Current market expectations prior to this announcement for FY27 were revenue of £60.3 million and adjusted EBITDA of £6.0 million.
Enquiries:
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Made Tech Group plc Rory MacDonald, CEO |
investor-relations@madetech.com Tel: +44 (0) 20 3397 7846 |
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Canaccord Genuity Limited (NOMAD & Broker) Simon Bridges / Harry Gooden / Andrew Potts / Elizabeth Halley-Stott |
Tel: +44 (0) 20 7523 8000 |
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.
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