Report

Update: Interim results reveal business expansion

Strong revenue growth in H1 was accompanied by a rise in costs reflecting the expansion of the SME division. We expect revenue to continue to grow strongly in H2 in both the corporate and the SME businesses. With the prospect of a flat cost profile in H2 we believe that Inspired Energy is well placed to achieve forecast EBITDA of £4.4m in 2014.
Underlying
Inspired Energy

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.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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