Interims to September are in line with the November trading update and expectations are unchanged. £11.7m EBITDA was delivered from £61.5m revenue, generating £-11.1m of free cash flow after a well flagged and discretionary inventory build-up, as well as the one-off effects of Sungard onboarding (which will unwind by March year-end). The July completion of the final elements of the acquisition (4D, Sungard Consulting and Sungard data centre) has contributed momentum to the top line which will be ....
08 Dec 2022
Redcentric - Interims in line; acquisitions shine
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Redcentric - Interims in line; acquisitions shine
Redcentric Plc (RCN:LON) | 138 8.3 4.5% | Mkt Cap: 219.2m
- Published:
08 Dec 2022 -
Author:
Andrew Darley | Kimberley Carstens -
Pages:
13
Interims to September are in line with the November trading update and expectations are unchanged. £11.7m EBITDA was delivered from £61.5m revenue, generating £-11.1m of free cash flow after a well flagged and discretionary inventory build-up, as well as the one-off effects of Sungard onboarding (which will unwind by March year-end). The July completion of the final elements of the acquisition (4D, Sungard Consulting and Sungard data centre) has contributed momentum to the top line which will be ....