22nd Nov 2023 14:27
Redcentric PLC - Harrogate, England-based IT service management company - Revenue in the six months ended September 30 jumped 33% to GBP82.0 million from GBP61.5 million a year before. Pretax loss narrows to GBP721,000 from GBP6.6 million. Maintains interim dividend at 1.2 pence per share. Looking ahead, Redcentric says it expects to start financial 2025 at least in line with prior expectations. Thinks it will see the return of "healthy" earnings before interest, tax, depreciation and amortisation margins of 25% and "excellent" cash generation following the completion of the integration of its most recent acquisitions. Read More
