Director dealings: PayPoint, Redcentric disclose director purchases

11th Dec 2023 15:38

(Sharecast News) - Two significant director purchases were disclosed to the market on Monday, shedding light on transactions involving key personnel in PayPoint and Redcentric.

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Redcentric performs 'well' in first half

15th Nov 2022 13:09

(Sharecast News) - Managed cloud and data service provider Redcentric said in a trading update on Tuesday that it performed "well" in its first half, with both revenue and adjusted EBITDA being in line with its expectations.

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Redcentric updates market on two data centre acquisitions

12th Jul 2022 15:29

(Sharecast News) - Redcentric updated the market on its previously-announced acquisition of certain business and assets relating to three data centres from the in-administration Sungard Availability Services UK, and the separate acquisition of 4D Data Centres.

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Director dealings: Redcentric chair spends almost £50k on shares

9th Jun 2022 15:37

(Sharecast News) - Managed IT service provider Redcentric disclosed a director buy worth almost £50k on Thursday, after its chairman bought a tranche of its shares.

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Redcentric acquires 7 Elements in £2.4m deal

15th Mar 2022 10:28

(Sharecast News) - IT service management company Redcentric has acquired security consultancy 7 Elements for a maximum consideration of £2.4m.

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Canaccord Genuity lowers target price on Redcentric

27th Oct 2021 15:38

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on IT services firm Redcentric from 185.0p to 175.0p on Wednesday, stating input costs had impacted the company's second half.

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Redcentric interim performance in line with expectations

27th Oct 2021 10:35

(Sharecast News) - IT managed services provider Redcentric said on Wednesday that trading for the six months ended 30 September was projected to have been in line with expectations.

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Redcentric outlines 'excellent' FY trading amid revenue growth

6th Apr 2021 08:13

(Sharecast News) - IT managed services provider Redcentric said on Tuesday that full-year trading had been "excellent", with revenues growing, healthy profitability and exceptional cash flows.

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Redcentric trades 'slightly ahead' in first half

15th Oct 2020 16:21

(Sharecast News) - Managed IT services provider Redcentric said on Thursday that trading in its first half was "slightly ahead" of the board's expectations, as it continued to focus on delivering services and solutions for its new and existing customers, growing revenues and improving operational performance and efficiency.

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Monday broker round-up

14th Sep 2020 13:49

(Sharecast News) - Redcentric: Canaccord initiates buy with a target price of 195.0p.

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Redcentric censured by FCA; 'encouraged' by YTD trading

26th Jun 2020 08:24

(Sharecast News) - IT managed services provider Redcentric was on Friday censured by the Financial Conduct Authority for market abuse between November 2015 and November 2016.

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Redcentric suspends share repurchase, unlikely to propose dividend

3rd Apr 2020 08:11

(Sharecast News) - IT managed services outfit Redcentric said predicting future demand for its offerings was "difficult" due to the ongoing Covid-19 pandemic, leading the group to suspended its share repurchase programme and likely withhold any dividend payments.

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Redcentric doubles dividend after swing to profit

28th Nov 2019 10:34

(Sharecast News) - Redcentric more than doubled its half-year payout on Thursday as it swung to a profit thanks to cost-cutting measures from its ongoing strategic review.

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Redcentric first-half trading in line, net debt reduced

9th Oct 2019 09:19

(Sharecast News) - IT managed services provider Redcentric said on Wednesday that trading in the first half has been in line with its expectations.

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Redcentric cuts net debt following CEO departure

15th Apr 2019 10:24

(Sharecast News) - IT managed services provider Redcentric traded in line with management expectations in its last trading year, cutting net debt by more than expected.

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