Inspired PLC, the London-listed energy consulting company, has stated that it is confident in meeting market forecasts for the full year, as the momentum from the first quarter has carried over into the second quarter.
Strong Revenue Growth in Optimization Services and ESG
All four divisions of Inspired PLC are trading well, with Optimization Services and ESG experiencing particularly strong revenue growth. This positive performance has contributed to the company's confidence in achieving its revenue consensus of £110.5 million ($140.9 million) for the year ending December 31. Additionally, the company expects to report adjusted earnings before interest, taxes, depreciation, and amortization of GBP24.2 million, compared to GBP21.0 million in 2022.
Enhanced Position as a Full-Service Provider
Chief Executive Mark Dickinson expressed satisfaction with Inspired PLC's position as a full-service provider, which is reflected in the notable growth of the Optimization Services and ESG divisions. As the company enters the second half of the year, it possesses a strong pipeline and a growing order-book, further reinforcing its confidence not only for the full year but also for the future.
Shares of Inspired PLC saw a 2.2% increase to 92.0 pence at 0754 GMT.