H1 Trading Update and Notice of Results
Redcentric plc reported a solid H1 FY26 trading update for its continuing Managed Services Provider (MSP) business, with revenues of approximately £67 million for the six months ended 30 September 2025, a decrease from c.£69 million in H1 FY25 but in line with expectations due to a strategic focus on higher-margin business. Adjusted EBITDA for the MSP business increased to approximately £9.1 million, up from c.£8.9 million in H1 FY25, modestly exceeding management expectations and reflecting improved profitability and tight expense control. The disposal of the Data Centre business is progressing as planned, targeting completion in Q1 2026, with these financial results excluding its contribution. Interim results are scheduled for 10 December 2025.
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Redcentric plc (LSE: RCN), a leading UK IT managed services provider, is pleased to provide the following trading update for the six months ended 30 September 2025 ('H1 FY26').
Revenues1 for the continuing Managed Services Provider ('MSP') business for H1 FY26 totalled c.£67 million (H1 FY25: c.£69 million). This is in line with management expectations and reflects the focus on selectively attracting and maintaining higher margin business.
Adjusted EBITDA1+2 for the continuing MSP business for H1 FY26 totalled c.£9.1 million (H1 FY25: c.£8.9 million). This is modestly above management expectations reflecting the focus towards higher margin business and continued tight expense control, driving higher quality of earnings.
This performance reinforces the Group's market-leading position in UK managed IT services which remains focused on expanding high-quality recurring margin while maintaining disciplined cost management to deliver sustainable value for all stakeholders.
As announced on 23 October 2025, the disposal of the Group's Data Centre ('DC') business is progressing as planned, with the Board targeting completion in Q1 2026. As previously disclosed, completion is subject to regulatory approvals and the finalisation of customary separation matters arising from the carve-out of the DC business.
For the avoidance of doubt, the financial results above exclude the revenues and earnings from the DC business, which, under IFRS, continue to be shown as a discontinued operation in the financial statements.
Notice of Interim Results
The Company will report its Interim Results for the six months ended 30 September 2025 on Wednesday, 10 December 2025 where Michelle Senecal de Fonseca, CEO of Redcentric, will provide an update on the MSP strategy. A presentation for sell-side analysts will take place at 9:30 a.m. (GMT) on the morning of 10 December, please contact Burson Buchanan for further details.
1 Revenues and Adjusted EBITDA are draft and unaudited
For further information: Redcentric plc Michelle Senecal de Fonseca, CEO Tony Ratcliffe, CFO via Burson Buchanan www.redcentricplc.com Cavendish Capital Markets Limited - Nomad and Broker Marc Milmo / Callum Davidson (Corporate Finance) Andrew Burdis / Sunila de Silva (ECM) Tel: +44 (0) 20 7220 0500 For media enquiries: Burson Buchanan - Financial Communications Henry Harrison-Topham / Jamie Hooper / Toto Berger Tel: +44 (0) 20 7466 5000 redcentric@buchanancomms.co.uk
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