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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Redcentric
Redcentric (RCN) investor relations material
Redcentric H1 26/27 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 26/27 TU earnings summary27 Oct, 2026
H1 trading performance
H1 FY27 revenue expected at £63.7m vs £66.8m in H1 FY26, in line with management expectations; reflects customer cancellations, timing of new business conversion and focus on higher-margin business.
Adjusted EBITDA expected at £9.1m, flat YoY and modestly above expectations; margin 14.3% vs 13.6% in 2025.
Gross margin increased to 63.1% from 61.6% in H1 FY26, in line with forecast.
Revenue and adjusted EBITDA figures are unaudited management expectations; results exclude the Data Centre business and H1 FY26 comparators also exclude it.
Outlook and balance sheet
FY27 adjusted EBITDA guidance remains £18.4m, in line with market expectations.
Net debt was ~£5.0m at 30 September 2026.
Interim results are expected in the week commencing 7 December 2026; they are anticipated to confirm resumption of an interim dividend.
Data Centre sale proceeds were announced on 18 September 2026; the business will be presented as a discontinued operation under IFRS.
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Latest events from Redcentric
- Transformative year with data center sale, stable margins, and renewed growth focus.RCN
H2 25/26 - Revenue up 15% and EBITDA up 16%, with strong organic growth and cost savings from acquisitions.RCNH2 23/24
- H1 FY26 MSP revenues and EBITDA met or exceeded expectations; Data Centre disposal on track.RCNTrading update
- Profit and margins surged on synergy realization, organic growth, and strong cash generation.RCNH1 24/25
- MSP revenue and EBITDA rose, DC sale to reduce debt and fund MSP growth initiatives.RCNH2 24/25
- MSP focus drives higher margins as DC sale for up to £127m enables debt reduction and capital returns.RCNH1 25/26
Next Redcentric earnings date
H1 26/277 Dec, 2026
Redcentric
Next Redcentric earnings date
H1 26/277 Dec, 2026
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