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IT

Redcentric increases EBITDA, cuts debt, as revenue fall 4.4%

Tuesday 3 July 2018 | 17:01 CET | News
UK managed ICT services provider Redcentric has reported revenue down 4.4 percent year-on-year to GBP 100 million for the year ending 31 March, from GBP 104.6 million, including GBP 87.1 million (87.1%) of recurring revenue. Adjusted EBITDA for the year was up to GBP 18.1 million, up from GBP 17.3 million a year earlier, reflecting reduced adjusted operating costs. 

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Categories: IT
Companies: Redcentric
Countries: United Kingdom
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