H1 Trading Update and Notice of Results
Summary by AI BETAClose X
The information contained within this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the 'UK MAR') which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
5 November 2025
Redcentric plc
('Redcentric', the 'Company' or the 'Group')
H1 Trading Update and Notice of Results
'Solid MSP performance in line with expectations'
Redcentric plc (LSE: RCN), a leading UK IT managed services provider, is pleased to provide the following trading update for the six months ended 30 September 2025 ('H1 FY26').
Revenues1 for the continuing Managed Services Provider ('MSP') business for H1 FY26 totalled c.£67 million (H1 FY25: c.£69 million). This is in line with management expectations and reflects the focus on selectively attracting and maintaining higher margin business.
Adjusted EBITDA1+2 for the continuing MSP business for H1 FY26 totalled c.£9.1 million (H1 FY25: c.£8.9 million). This is modestly above management expectations reflecting the focus towards higher margin business and continued tight expense control, driving higher quality of earnings.
This performance reinforces the Group's market-leading position in UK managed IT services which remains focused on expanding high-quality recurring margin while maintaining disciplined cost management to deliver sustainable value for all stakeholders.
As announced on 23 October 2025, the disposal of the Group's Data Centre ('DC') business is progressing as planned, with the Board targeting completion in Q1 2026. As previously disclosed, completion is subject to regulatory approvals and the finalisation of customary separation matters arising from the carve-out of the DC business.
For the avoidance of doubt, the financial results above exclude the revenues and earnings from the DC business, which, under IFRS, continue to be shown as a discontinued operation in the financial statements.
Notice of Interim Results
The Company will report its Interim Results for the six months ended 30 September 2025 on Wednesday, 10 December 2025 where Michelle Senecal de Fonseca, CEO of Redcentric, will provide an update on the MSP strategy. A presentation for sell-side analysts will take place at 9:30 a.m. (GMT) on the morning of 10 December, please contact Burson Buchanan for further details.
1 Revenues and Adjusted EBITDA are draft and unaudited
2 Adjusted EBITDA comprises earnings before interest, tax, depreciation and amortisation ('EBITDA') further adjusted for exceptional items and share based payments including National Insurance.
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Notes to Editors:
Redcentric has a strong track record in delivering IT managed services provision that empowers businesses to scale, innovate and grow in a rapidly evolving digital landscape. As technology continues to advance the Company's goal is to be the go-to-all-in-one infrastructure and managed IT service provider for customers of all sizes offering an unmatched range of products and solutions.
The Company's MSP division serves the private and public sectors with all their IT requirements. The MSP division acts as an outsourced IT department, handling day to day maintenance and security of customers' IT infrastructures. This allows customers to improve security and efficiency and focus on growing their core businesses.
From infrastructure management and cloud services to cybersecurity and data analytics, Redcentric has a comprehensive suite of solutions designed to meet the diverse needs of modern businesses.
For additional information please visit www.redcentricplc.com
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