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Redcentric ( (GB:RCN) ) has issued an update.
Redcentric plc announced its final audited results for the year ended 31 March 2025, highlighting a strategic move to separate its business into two autonomous units: the Data Centre (DC) business and the Managed Service Provider (MSP) business. The company is in advanced negotiations for the potential sale of the DC unit, which is now recognized as a discontinued operation, while focusing on growing the MSP unit to enhance shareholder value. Financially, Redcentric reported an 8.3% increase in total revenue to £135.1m, with significant improvements in operating profit and profit before tax. The company also welcomed new senior management, including a new CEO and CFO, to drive future growth and strategy.
Spark’s Take on GB:RCN Stock
According to Spark, TipRanks’ AI Analyst, GB:RCN is a Neutral.
Redcentric’s overall stock score reflects its strong revenue growth and positive cash flow generation, tempered by profitability challenges and high leverage. Technical indicators suggest a cautious market sentiment with limited momentum. The company’s valuation appears stretched due to a high P/E ratio, despite a reasonable dividend yield. The increased stake by Lombard Odier is a positive corporate event, indicating confidence in Redcentric’s future.
To see Spark’s full report on GB:RCN stock, click here.
More about Redcentric
Redcentric plc is a leading UK IT Managed Services provider, offering a comprehensive suite of solutions including infrastructure management, cloud services, cybersecurity, and data analytics. The company operates through two divisions: Managed Services Provider (MSP), which serves both private and public sectors by acting as an outsourced IT department, and Data Centres (DC), which provide critical services to enterprise-grade clients and government entities across the UK.
Average Trading Volume: 63,613
Technical Sentiment Signal: Strong Buy
Current Market Cap: £214.7M
For detailed information about RCN stock, go to TipRanks’ Stock Analysis page.