Redcentric’s FY’16 pre-close trading update points to continued strong performance, in-line with expectations. Our forecasts show revenue and EBITDA growth in FY’16 of 15% and 21% respectively. Revenue has grown through a combination of new client wins and growth with existing customers. Our forecasts show a 55% H2 EBITDA weighting. This has been achieved via successful integration of the Calyx acquisition and an improved revenue mix, resulting in a stronger EBITDA margin in the second half. Inc ....
