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Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

London Stock Exchange
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Share Price: 132.00
Bid: 132.50
Ask: 139.50
Change: 0.00 (0.00%)
Spread: 7.00 (5.283%)
Open: 132.00
High: 132.00
Low: 132.00
Prev. Close: 132.00
RCN Live PriceLast checked at -

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Redcentric cuts net debt following CEO departure

Mon, 15th Apr 2019 10:24

(Sharecast News) - IT managed services provider Redcentric traded in line with management expectations in its last trading year, cutting net debt by more than expected.While providing no figures, Redcentric told investors on Monday that its trading results for the year ended 31 March were "in line with the board's expectations".The AIM-listed outfit revealed that net debt at the end of the year was £17.6m, was ahead of the board's expectations and a reduction of £10.1m year-on-year.Back in October, Redcentric reported that trading had been in line with expectations throughout the first half of the trading year but chief executive Chris Jagusz opted to resign six weeks later as the "disappointing" results did reveal a fall in half-year revenues.Redcentric will post its fully audited annual results on 25 June.As of 1020 BST, Redcentric shares had slipped 1.83% to 76.18p.
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16 Mar 2015 07:53

London pre-open: Gains expected ahead of busy week

UK stocks were expected to rise on Monday morning following a poor showing by the FTSE 100 last week. City sources predict the Footsie will open 28 points higher than Friday's close of 6,740.58. A strengthening US dollar, concerns about Greece and slowdown worries in China dampened stocks last week

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16 Mar 2015 07:33

Redcentric Says It Will Meet Market Hopes, Confident On Outlook

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16 Mar 2015 07:11

Redcentric expects to meet full-year forecasts

Redcentric, the AIM-listed business technology group, said revenue and operating profits would match market expectations for the year ending 31 March. The company cited "continued organic growth in contracted recurring revenues" and "strong performance" in the second half of the year. The group als

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29 Sep 2014 09:03

Redcentric Confident For Full Year On Strong First Half

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21 Aug 2014 07:38

Redcentric Appoints Non-Executive Chairman As Ramsay Retires

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8 Aug 2014 08:25

Redcentric See Strong First Quarter; "Comfortable" With Market View

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8 Aug 2014 08:21

Redcentric delivers upbeat message after strong Q1

IT group Redcentric said it delivered a strong first quarter with organic growth at the top end of management's expectations. The company, which provides IT infrastructure, network and security services to businesses, said it was "comfortable with full-year market expectations". First-quarter reve

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16 Jun 2014 09:04

Redcentric Proposes Maiden Dividend And Provides Confident Outlook

LONDON (Alliance News) - Redcentric PLC Monday announced its maiden dividend for the year to end-March and gave a confident outlook for its future, in its first set of full-year results since its de-merger from Redstone PLC and subsequent listing on AIM in April 2013. The IT services provid

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16 Jun 2014 07:38

Redcentric upbeat as it announces maiden dividend

- Revenue and profit ahead of management expectations - Maiden dividend of 1.0p per share - Management confident about outlook AIM-listed IT managed services provider Redcentric reported full-year revenue and profit ahead of management expectations and said it remains confident about its outlook.

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5 Jun 2014 15:25

Redcentric extends NHS contract for big data

IT managed services provider Redcentric has won a new contract with the NHS worth at least £5m through the government's GCloud online tendering portal. The AIM-listed company said the two-year contract would help the unnamed NHS 'partner', with which it is already working on another contract, mana

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5 Jun 2014 09:09

Redcentric Wins GBP5 Million Services Contract With NHS Partner

LONDON (Alliance News) - Redcentric PLC said Thursday it has won a new two-year contract with an NHS partner, worth in excess of GBP5 million. The IT managed services provider said that under the terms of the contract with the unnamed partner it will provide services for application perform

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15 May 2014 09:50

Redcentric Signs Three-Year Charity Contract

LONDON (Alliance News) - Redcentric PLC said Tuesday it has signed a three-year contract with The Salvation Army worth approximately GBP1.5 million to provide a full Wide Area Network to connect the charity's staff. The UK IT managed services provider said the three-year deal with the UK ch

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15 May 2014 08:39

Redcentric wins contract with The Salvation Army

AIM-listed IT services provider Redcentric has secured a three-year contract to provide a network service solution to UK charity The Salvation Army for 1.5m pounds and annual revenues of 0.4m pounds thereafter. The group will provide the charity with a wide area network to service the over 1000 loc

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15 May 2014 07:47

UK MORNING BRIEFING: Dixons Carphone PLC Is Born

LONDON (Alliance News) - Shares have opened marginally higher in London Thursday amid a flurry of UK corporate news and European economic statistics.

Electronics retailer Dixons Retail and mobile phone retailer Carphone Warehouse confirmed they will

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30 Apr 2014 11:44

Redcentric Wins Contracts Worth GBP3 Million

LONDON (Alliance News) - Redcentric PLC said Wednesday it has won three new contracts which will generate combined revenue of approximately GBP3 million. The UK IT managed services provider said the contract periods range from three to six years. Redcentric's new contract with an insu

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