Redcentric reduces net debt burden after sale of data centre business
Redcentric, UK managed IT services provider, has reported revenue of GBP 132 million for the 12 months to 31 March 2026 (FY26), down 2.3 percent from GBP 135.1 million in FY25; with adjusted EBITDA down 7.4 percent to GBP 17.4 million, from GBP 18.8 million, and the adjusted EBITDA margin down to 13.2 percent, from 13.9 percent a year earlier. Reported operating profit fell 3.9 percent to GBP 8.1 million, from GBP 8.4 million; with annual recurring revenue (AAR) reaching GBP 116.2 million, compared to GBP