Half Year Results 

Redcentric disappoints

Redcentric disappoints

Redcentric (RCN) had already dampened growth expectations for the 2019 financial year, when it warned on sales and profits in June. But the IT services group’s half-year results to September disappointed once more, to say the least – prompting chief executive Chris Jagusz to step down, and the shares to sink more than a fifth.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now