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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:
134.00
Bid:
133.00
Ask:
141.50
Change:
0.00 (0.00%)
Spread:
8.50 (6.391%)
Open:
134.50
High:
134.50
Low:
134.00
Prev. Close:
137.25
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Don't have an account? Click here to register.Redcentric cuts through net debt in first half of trading
Thu, 04th Oct 2018 08:56
(Sharecast News) - British IT services provider Redcentric told investors on Thursday that trading had been in line with expectations throughout the first half of its trading year.Redcentric said its continued focus on delivering reliable services for its clients while improving operational performance had helped it maintain strong cash flows throughout the period.As a result, Redcentric said it had successfully reduced net debt from £27.7m to £22.6m in the six months leading to 30 September 2018.The AIM-listed outfit will report its interim results on 22 November.In its previous full-year results, Redcentric reported revenues of £100m, of which approximately 87% was recurring, and an EBITDA of £18.1m.As of 0855 BST, Redcentric shares had inched back 0.36% to 88.68p.
More News
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 more27 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 more9 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