Redcentric has delivered free cash flow of £12.1m (vs £8.3mE) from EBITDA of £16.7m (£17.0mE) and revenue of £93.3m (£94.2mE). The strong cash performance from the in-line EBITDA performance demonstrates a continuing determined delivery of a corrected balance sheet – maiden FY21 forecasts released today indicate net debt reduction to £1.9m, or 0.1x EBITDA. With restoration of the dividend at interims, and the payout ratio today increased to 50%,
