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Redcentric PLC (RCN)

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Thursday 19 April, 2018

Redcentric PLC

Trading Statement

RNS Number : 3924L
Redcentric PLC
19 April 2018


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.







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


This information is provided by RNS
The company news service from the London Stock Exchange

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