19 Apr 2018 07:00
19 April 2018
Redcentric plc
("Redcentric" or the "Company")
Trading update and notice of results date
Redcentric plc (AIM: RCN), a leading UK IT managed services provider, is today issuing a trading update for the year ended 31 March 2018.
The Company's trading results for the year were in line with the Board's expectations.
Net debt as at 31 March 2018 was £27.7m which was better than the Board's expectations. This is due to continued strong operating cash flows which reflect improved trade debtor collections.
The Company will report its full year results for the year ended 31 March 2018 on 28 June 2018.
Enquiries:
Redcentric plc | +44 (0)1423 850 000 |
Christopher Jagusz, Chief Executive Officer | |
Peter Brotherton, Chief Financial Officer | |
Numis Securities - NOMAD & Joint Broker | +44 (0) 20 7260 1000 |
Simon Willis / Oliver Hardy / Tom Ballard | |
finnCap Ltd - Joint Broker | +44 (0) 20 7220 0500 |
Stuart Andrews / Rhys Williams | |
Tulchan Communications | +44 (0) 207 353 4200 |
James Macey White / Matt Low |
Redcentric (RCN)