Inspired PLC - Preston, England-based energy advisory and sustainability services provider - Expects a strong trading performance for 2022, with revenue estimated to be about 30% ahead of 2022 at £88.0 million. This reflects ‘the higher than expected growth in Optimisation Services,’ Inspired says. Adjusted earnings before interest, tax, depreciation and amortisation is expected to be 6% ahead year-on-year at £21.0 million. In 2021, revenue was £67.9 million, and adjusted Ebitda was £19.8 million.
Chief Executive Officer Mark Dickinson says: ‘I am delighted with the group’s excellent operational and financial performance, exceeding expectations in revenue growth and delivering Ebitda and net debt in line with market expectations, with strong cash generation in H2 2022.’
Back in September, Inspired had reported a surge in pretax profit to £2.4 million for the six months to June 30, from £935,000 a year earlier, as revenue rose by 24% to £40.4 million from £32.6 million.
The company aims to release its 2022 results on March 29.
Current stock price: 10.00 pence each, up 9.3% on Monday morning in London
12-month change: down 46%
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