Redcentric plc, the Harrogate-based IT managed services provider (MSP), said on Wednesday that its EBITDA earnings in the six months ended September 30, 2025, were “modestly above management expectations” — reflecting the firm’s focus towards higher margin business and continued tight expense control.

EBITDA stands for earnings before interest, tax, depreciation and amortisation.

Redcentric said in October it conditionally agreed the sale of Redcentric Data Centres Limited to Stellanor Datacenters Group Limited, a UK data centre operator backed by a fund managed by Frankfurt-based DWS Group, for an enterprise valuation of up to £127 million in cash.

On Wednesday, Redcentric said in a trading update that revenues for its continuing Managed Services Provider (MSP) business for H1 of FY26 totalled £67 million (H1 FY25: c.£69 million).

“This is in line with management expectations and reflects the focus on selectively attracting and maintaining higher margin business,” said the firm.

“Adjusted EBITDA for the continuing MSP business for H1 FY26 totalled c.£9.1 million (H1 FY25: c.£8.9 million).

“This is modestly above management expectations reflecting the focus towards higher margin business and continued tight expense control, driving higher quality of earnings.

“This performance reinforces the group’s market-leading position in UK managed IT services which remains focused on expanding high-quality recurring margin while maintaining disciplined cost management to deliver sustainable value for all stakeholders.

“As announced on 23 October 2025, the disposal of the group’s Data Centre (DC) business is progressing as planned, with the board targeting completion in Q1 2026.

“As previously disclosed, completion is subject to regulatory approvals and the finalisation of customary separation matters arising from the carve-out of the DC business.

“For the avoidance of doubt, the financial results above exclude the revenues and earnings from the DC business, which, under IFRS, continue to be shown as a discontinued operation in the financial statements.”