PYX Resources: Achieving volume and diversification milestones. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRedcentric Share News (RCN)

Share Price Information for Redcentric (RCN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 132.00
Bid: 132.00
Ask: 134.00
Change: -2.00 (-1.49%)
Spread: 2.00 (1.515%)
Open: 132.00
High: 132.00
Low: 132.00
Prev. Close: 134.00
RCN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

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.
More News
30 Apr 2014 08:58

Redcentric wins a trio of contracts

AIM-listed IT services provider Redcentric announced it has won a trio of long-term contracts which it expects to generate 3m pounds in revenues over the next six years. The first of the contracts, which is anticipated to last six years, was for a hosted and managed Microsoft Lync instant messaging

Read more
2 Apr 2014 15:30

Fusion IP flies as new directors dip in

Shares in university intellectual property commercialisation group Frontier IP flew higher on Wednesday after new directors dipped in to buy shares. New James Fish, Finance Director, bought £28,000 worth of shares at 28p per share, while Non-Executive Director Michael Bourne pocketed £49,000 of sha

Read more
31 Mar 2014 10:45

Redcentric Reaffirms Plan For Maiden Dividend As Trading Is In Line

LONDON (Alliance News) - Redcentric PLC Monday reaffirmed its intention to declare a maiden dividend with its full-year results, as it said it continued to trade in line with expectations. The managed services provider said it expects to report its full year results on June 16, and said tha

Read more
24 Feb 2014 10:23

Redcentric Wins Contract With NHS Partner For IT Infrastructure

LONDON (Alliance News) - IT managed services provider Redcentric PLC Monday said its subsidiary Intechnology Managed Serviced Ltd has been awarded a contract by an unnamed NHS client to deliver enhanced IT infrastructure for the health and social care sector . The contract is a multi-year a

Read more
13 Feb 2014 10:29

Redcentric Wins Contract With Electricals Retailer

LONDON (Alliance News) - It managed services provider Redcentric PLC Thursday said it had won a new contract with an unnamed large specialist electrical retailing and services company, to support one of the retailer's branded businesses as it rolls-out a new services and support offering to the S

Read more
13 Feb 2014 08:24

UK MORNING BRIEFING: Lloyds To Set Out New Strategy By End Of 2014

LONDON (Alliance News) - The market is dissecting the Lloyds Banking Group earnings statement early Thursday. The state-controlled bank said it swung to profit in 2013, while confirming its intentions to restart paying a dividend and to sell off more of the UK government's sha

Read more
15 Jan 2014 10:50

Redcentric Names Tim Coleman To Take Over From Hallett As New CFO

LONDON (Alliance News) - UK managed IT services provider Redcentric PLC said Wednesday that it has appointed Tim Coleman as the new chief financial officer, with immediate effect. Coleman, aged 49, has held finance director positions as both Trafficmaster and Northgate Information Solutions

Read more
18 Nov 2013 12:13

UK WINNERS & LOSERS: Aberdeen And Lloyds Jump On Scottish Widows Investment Partnership Deal

Read more
18 Nov 2013 09:23

Redcentric To Buy InTechnology's Managed Services Unit

Read more
28 Oct 2013 12:09

Redcentric in contract extension and new win

Redcentric, an end-to-end managed service provider, has extended its managed service contract with an unnamed property developer, as well as announcing a new ICT project and maintenance contract win with a leading media business. The managed service contract, which was originally valued at approxim

Read more
28 Oct 2013 10:22

Redcentric Extends Contract To GBP7.7M, Wins New Contract For GBP940K

Read more
21 Oct 2013 08:22

Redcentric Wins GBP1.6 Million Worth Of New Contracts And Projects

Read more
27 Jun 2013 11:45

Redcentric signs new contracts worth over 6.0m pounds

Redcentric, the AIM-listed end-to-end managed service provider has signed two new managed service contracts with combined revenues worth more than 6.0m pounds. The company said that it would provide managed services, networking and connectivity to a property developer in a new three year contract

Read more
9 May 2013 11:02

Redcentric secures 1.0m pound contract with broadband provider

AIM-listed end-to-end managed service provider Redcentric has reported a contract with a UK mobile and broadband services provider for a managed Wide Area Network (WAN). The contract, which is worth approximately £1.0m over the next 12 months, will cover the monitoring and support of the WAN, mana

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.