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Redcentric Information
Share Price Information for Redcentric (RCN)
Share Price is delayed by 15 minutes
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Share Price:
143.00
Bid:
143.00
Ask:
145.00
Change:
0.00 (0.00%)
Spread:
2.00 (1.399%)
Open:
143.00
High:
0.00
Low:
0.00
Prev. Close:
143.00
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Don't have an account? Click here to register.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
9 Jun 2016 15:04
10 Feb 2016 16:03
29 Jan 2016 15:48
Redcentric agrees to buy City Lifeline
(ShareCast News) - UK IT services provider Redcentric has agreed to buy City Lifeline for £4.8m, the company announced on Friday. Redcentric said it will pay for the London operator of data-centres in cash upon completion, subject to adjustment for cash, debt and normal working capital. In the year
Read more7 Jan 2016 16:06
9 Nov 2015 12:32
Redcentric interim profit drops on acquisition costs
(ShareCast News) - IT managed services provider Redcentric posted a drop in first half pre-tax profit as it booked one-off acquisition and integration costs from its purchase of of Calyx Managed Services. For the six months to the end of September, pre-tax profit came in at £1.39m from £3.85m in the
Read more2 Nov 2015 16:11
18 Oct 2015 14:21
Sunday share tips: Oxford Instruments, FTSE 100 miners, Redcentric
(ShareCast News) - Oxford Instruments shares should be sold, said the Sunday Times' Inside the City column. The high-tech device maker spun out of Oxford University in 1959 needs to operate right on the bleeding edge of technology, and often depends on acquisitions to stay relevant - but not even th
Read more21 Sep 2015 15:06