Update: Continuing strong growth
Inspired Energy's (INSE) H115 results showed a continuation of the recent trajectory of strong growth. Record order book sales boosted the corporate order book (the engine of future growth), which rose to £15.2m by the end of June. With a further £4.4m to be added to the order book in H2 due to the acquisition of Wholesale Power (post period end), the outlook for H2 and FY16 appears encouraging. The growth prospects for the company indicate further potential share price upside.Inspired Energy provides energy procurement consultancy to a range of U.K. business customers. Co.'s core services are primarily the review, analysis and negotiation of gas and electricity contracts on behalf of its clients. In addition to providing consultancy on the negotiation of energy contracts, Co. provides ongoing services to its clients throughout the life of each contract, including energy bureau, billing and management services. Furthermore, Co. provides a variety of additional services such as advice in relation to Power Purchasing Agreements for customers who produce their own energy, retrospective billing audits, and energy reduction and management strategies.
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