Redcentric’s results are in line with expectations

Redcentric has published a trading update for the City. Photo: Jonathan Brady/PA Wire
Redcentric has published a trading update for the City. Photo: Jonathan Brady/PA Wire
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REDCENTRIC, the IT managed services provider, today revealed that its trading results for the year were in line with the board’s expectations.

The company has published a trading update for the year ended March 31 2019.

The trading update added: “Net debt at March 31 2019 was £17.6m which was ahead of the board’s expectations and is a reduction of £10.1m since this time last year.”

The company will report its full year results for the year ended March 31 2019 on June 25 2019.