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IN BRIEF: Redcentric says results delayed but re-affirms guidance

17th Jul 2023 13:32

Redcentric PLC - Harrogate, England-based IT service management company - Confirms delay on publication of results for the year ended March 31. Had said in April that they would be published on Wednesday, but now says it is still concluding their finalisation as audit is not yet complete. However Redcentric reiterates full year guidance, expecting revenue to increase to GBP141.8 million in financial 2023 from GBP93.3 million the previous year. It also expects earnings before interest, tax, depreciation and amortisation to increase to GBP24.8 million from GBP23.7 million, and adjusted net debt to grow to GBP35.5 million from GBP1.5 million.

Current stock price: 128.50 pence, down 2.1% on Monday

12-month change: up 6.0%

By Emma Curzon, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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