Redcentric (RCN)

Sector:

IT Services

Index:

FTSE AIM 100

128.25p
   
  • Change Today:
    -0.75p
  • 52 Week High: 152.00p
  • 52 Week Low: 104.25p
  • Currency: UK Pounds
  • Shares Issued: 158.39m
  • Volume: 24,930
  • Market Cap: £203.13m

Redcentric cuts through net debt in first half of trading

By Iain Gilbert

Date: Thursday 04 Oct 2018

LONDON (ShareCast) - (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.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Redcentric Market Data

Currency UK Pounds
Share Price 128.25p
Change Today -0.75p
% Change -0.58 %
52 Week High 152.00p
52 Week Low 104.25p
Volume 24,930
Shares Issued 158.39m
Market Cap £203.13m

Redcentric Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
45.64% below the market average45.64% below the market average45.64% below the market average45.64% below the market average45.64% below the market average
20.48% below the sector average20.48% below the sector average20.48% below the sector average20.48% below the sector average20.48% below the sector average
Price Trend
22.78% above the market average22.78% above the market average22.78% above the market average22.78% above the market average22.78% above the market average
33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average33.33% above the sector average
Income
29.11% below the market average29.11% below the market average29.11% below the market average29.11% below the market average29.11% below the market average
18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average18.52% above the sector average
Growth
19.1% below the market average19.1% below the market average19.1% below the market average19.1% below the market average19.1% below the market average
30.12% below the sector average30.12% below the sector average30.12% below the sector average30.12% below the sector average30.12% below the sector average

Redcentric Dividends

  Latest Previous
  Final Interim
Ex-Div 12-Dec-24 07-Mar-24
Paid 24-Jan-25 18-Apr-24
Amount 2.40p 1.20p

Trades for 06-Sep-2024

Time Volume / Share Price
15:58 1,166 @ 129.50p
15:58 5,000 @ 128.00p
15:58 2,000 @ 128.00p
15:58 2,141 @ 128.00p
15:58 1,000 @ 128.02p

Redcentric Key Personnel

CEO Peter Brotherton
CFO David Senior

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