Inspired PLC (AIM:INSE), the commercial energy and sustainability advisory group, said it was sitting on a record order pipeline at the end of the first half, giving it confidence in next year's prospects.
After a solid six-month performance, the company said it was on track to meet 2024 targets. Investors were told the integration of energy management solutions firm Ignite had been accelerated.
For the period ended June 30, Inspired posted revenues of £45.02 million, around 1% higher than the year earlier, while underlying earnings (adjusted EBITDA) rose 3.5% to £10.94 million. Investors will be rewarded with a 1.45p dividend, up 3.6% on the comparable period in 2023.
CEO Mark Dickinson told investors: "A record level pipeline across all divisions both in terms of size and number of projects provides confidence on the Group's performance into 2025.
"Management remains focused on diversifying its pipeline in Optimisation Services with the integration of the Inspired Optimisation and Ignite operations."