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04 Sep 2019 | 09:52

Inspired profit soars as corporate division delivers record revenue

Energy consultant Inspired saw profit soar in the first half of the year as its corporate division delivered record revenue.

For the six-month period ended 30 June 2019, pre-tax profit jumped 55% to £3.2m and revenue increased 33% to £21.6m.

The corporate division delivered record revenues, up 36% to £18.68m, contributing 87% of total revenue.

The interim dividend was increased by 16% to 0.22 pence per share.

'The group is well placed to deliver another set of record results as we continue to benefit from further organic growth and the net contribution of recent acquisitions,' the company said.

At 9:52am: (LON:INSE) Inspired Energy PLC share price was +1.4p at 16.5p

Story provided by StockMarketWire.com
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