Redcentric has released an in-line trading update for the six months to 30th September. Organic growth has continued, with five £1m+ contracts with Government and commercial clients adding to the high levels of recurring revenue. Cash generation is said to be strong and the integration of Calyx is on track. Alongside the trading update the group has announced that Fraser Fisher will be stepping up to CEO, with Tony Weaver remaining on the board as an NED. Fraser is already well known to investor ....

30 Sep 2015
Solid trading update and change of CEO

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Solid trading update and change of CEO
Redcentric Plc (RCN:LON) | 128 0 0.0% | Mkt Cap: 199.3m
- Published:
30 Sep 2015 -
Author:
Oliver Knott -
Pages:
3 -
Redcentric has released an in-line trading update for the six months to 30th September. Organic growth has continued, with five £1m+ contracts with Government and commercial clients adding to the high levels of recurring revenue. Cash generation is said to be strong and the integration of Calyx is on track. Alongside the trading update the group has announced that Fraser Fisher will be stepping up to CEO, with Tony Weaver remaining on the board as an NED. Fraser is already well known to investor ....