Inspired Energy posts record results
Inspired Energy, the Preston-based energy procurement consultant to UK corporates and SME’s, has announced record final results for 2015.
2015 represented their fifth consecutive year of record revenues and profits with revenue increasing by 40 per cent and adjusted EBITDA by 25 per cent.The Corporate division continues to gain traction, both through organic growth and the added services their strategic acquisitions have delivered for customers.
Commenting on the results, Janet Thornton, chief executive officer, said: “I am proud of the accomplishments of the team whose hard work has delivered strong growth on all fronts as we continue to add value through our broadened services to our customers."Our strong organic growth has been enhanced by the successful completion of the acquisitions of WPUK and STC, which are both integrating extremely well in a relatively short period of time and have proved earnings enhancing. We have increased the breadth of our target customer base, whilst broadening our sector specialism to now include leisure, logistics and the public sector. “The momentum from 2015 has carried through to the first quarter of this year, with the procurement corporate order book growing to £25.5m. We are seeing the trend for growth in the year continuing on a positive trajectory.”