TIDMMXM 
 
RNS Number : 1008E 
Maxima Holdings PLC 
15 December 2009 
 

 
 
 
 
 
 
Maxima Holdings plc 
 
 
Half Year Trading Update 
 
 
Notice of Results 
 
 
Maxima Holdings plc ("Maxima" or "the Company"), the IT business systems and 
managed services company, today announces a trading update for the half year 
ended 30 November 2009 and its notice of results. 
 
 
The second quarter has seen improved sales performance including new customer 
wins such as npower, whose subsidiary SPI Ltd committed to an implementation of 
Maxima's Contract Management Application based on the Microsoft Dynamics AX 
software. In addition, two of Maxima's largest customers have committed to 
multi-year contract renewals, together valued in excess of GBP6.5m. As well as 
this, focused activity in relation to Maxima's virtualisation expert services 
has resulted in a number of contract wins including a major Citrix project with 
insurance service provider Towergate. 
 
 
Dialogue with QAD has continued following the news that the long-standing 
distribution agreement will not be renewed in January 2010. Priority has been 
given to the interests of customers who in many cases use Maxima products and 
services in addition and unrelated to QAD, enabling Maxima to retain and grow 
ongoing business opportunities. Reductions to our cost base have been made to 
take account of this change and overall market conditions. 
 
 
Trading is in line with current market expectations for the financial year as a 
whole. The Company is pleased to report good cash generation and as a result has 
reduced net debt to GBP13.5m as at 30 November 2009 (31 May 2009: GBP15.5m). 
 
 
Maxima will announce its half yearly report for the six months ended 30 November 
2009 on 2 February 2010. A further update on current trading will be provided at 
that time. 
 
 
Maxima CEO Graham Kingsmill said: 
 
"We continue to make pleasing progress with our plan to simplify and focus the 
organisational structure of Maxima in order to offer more concentrated value to 
customers. We also continue to attract attention from the major technology 
providers, eager to gain access to Maxima's substantial customer base." 
 
 
 
For further information please contact: 
+------------+----------------+ 
| Maxima     |                | 
+------------+----------------+ 
| Graham     | 01242 211 211  | 
| Kingsmill, |                | 
| Chief      |                | 
| Executive  |                | 
| Officer    |                | 
+------------+----------------+ 
| David      | 01242 211 211  | 
| Memory,    |                | 
| Chief      |                | 
| Financial  |                | 
| Officer    |                | 
+------------+----------------+ 
| Cenkos     |                | 
| (Nominated |                | 
| advisor to |                | 
| the        |                | 
| Company)   |                | 
+------------+----------------+ 
| Stephen    | 020 7397 8900  | 
| Keys       |                | 
+------------+----------------+ 
| Smithfield |                | 
+------------+----------------+ 
| Reg        | 020 7360 4900  | 
| Hoare      |                | 
| / Will     |                | 
| Henderson  |                | 
+------------+----------------+ 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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