Made Tech Group (LSE:MTEC) has been awarded a three-year contract worth £19 million to serve as Strategic IT and Security Delivery Partner to the Government Digital Service (GDS), part of the Department for Science, Innovation and Technology. The project will focus on delivering next-generation technology for GDS personnel, enhancing collaboration and productivity while improving security and mitigating cyber risks within a key pillar of the UK’s digital infrastructure.
This latest contract builds on Made Tech’s relationship with GDS, which dates back to 2018, and further cements its role in central government technology delivery. Including this award and other recent deals, the company’s year-to-date sales bookings have reached £54 million, with around £41 million secured in the second half. This provides greater confidence in management’s outlook for FY26 and enhances revenue visibility heading into FY27.
The company’s investment case is supported by improving financial performance, including a return to profitability, stronger cash generation, and a low level of debt. Positive technical momentum also underpins the shares. However, these strengths are balanced against a relatively high valuation multiple and a track record of earnings and cash flow volatility. Recent contract wins and updates add further support to the overall outlook.
More about Made Tech Group PLC
Made Tech Group plc is a UK-based provider of digital, data, and technology services focused on the public sector. The company works closely with government departments and agencies, delivering IT strategy, cybersecurity solutions, and modern digital platforms designed to enhance operational efficiency and drive public sector transformation.
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