REG - Redcentric PLC - H1 Trading Update and Notice of Results

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RNS Number : 1758G  Redcentric PLC  05 November 2025

 

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').

 

Revenues(1) 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 EBITDA(1+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.

 

 

- Ends -

 

      For further information:

   Redcentric plc                                           via Burson Buchanan

    Michelle Senecal de Fonseca, CEO                         www.redcentricplc.com (http://www.redcentricplc.com/)

    Tony Ratcliffe, CFO
                                                             Tel: +44 (0) 20 7220 0500

    Cavendish Capital Markets Limited - Nomad and Broker

    Marc Milmo / Callum Davidson (Corporate Finance)

    Andrew Burdis / Sunila de Silva (ECM)

 

      For media enquiries:

  Burson Buchanan - Financial Communications            Tel: +44 (0) 20 7466 5000

   Henry Harrison-Topham / Jamie Hooper / Toto Berger    redcentric@buchanancomms.co.uk (mailto:redcentric@buchanancomms.co.uk)

 

     For media enquiries:

 

   Burson Buchanan - Financial Communications            Tel: +44 (0) 20 7466 5000

   Henry Harrison-Topham / Jamie Hooper / Toto Berger    redcentric@buchanancomms.co.uk (mailto:redcentric@buchanancomms.co.uk)

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
(http://www.redcentricplc.com/)

 

 

 

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