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.

Enquiries:

Redcentric plc	[phone]
Christopher Jagusz, Chief Executive Officer
Peter Brotherton, Chief Financial Officer
Numis Securities - NOMAD & Joint Broker	[phone]
Simon Willis / Oliver Hardy / Tom Ballard
finnCap Ltd - Joint Broker	[phone]
Stuart Andrews / Rhys Williams
Tulchan Communications	[phone]
James Macey White / Matt Low

 

END

 

 

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