Redcentric reports improved trading

IT firm Redcentric said trading has been slightly ahead of expectations as it delivered reliable services for customers, raised revenues and improved operational performance and efficiency.

By Ros Snowdon

Published 15th Oct 2020, 08:42 BST

Updated 15th Oct 2020, 08:46 BST

Redcentric said no employees have been furloughed to date

The Harrogate-based firm said it is monitoring Government recommendations relating to Covid-19 in both the UK and India and said it is taking all safety precautions necessary to ensure the wellbeing of its customers and employees.

The majority of employees continue to work remotely and no employees have been furloughed to date.

The group said its data centre and network restructuring programme has been completed and, as a result, the company will benefit from slightly increased annualised cost savings.

The company has also launched a new enterprise resource planning system, replacing five legacy operational systems, which gives it a single, scalable integrated platform.

The firm intends to announce its results for the half year to September 30 on November 17.