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Redcentric PLC Reports Strong First Half Growth
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Redcentric PLC Reports Strong First Half Growth

Redcentric (GB:RCN) has released an update.

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Redcentric PLC reported robust financial results for the first half of 2024, showcasing a 5.8% revenue increase to £86.8 million and a remarkable 225.5% rise in operating profit to £6.4 million. The company’s growth was driven by its strategic investments in energy conservation and integration measures, along with a reduction in net debt to £66.6 million. An interim dividend of 1.2p per share was announced, reflecting confidence in sustained financial performance.

For further insights into GB:RCN stock, check out TipRanks’ Stock Analysis page.

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