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Enterprise

Energy advisor's full-year revenue and profits expected to surge

Inspired plc said 2021 was "a year of significant progress across the group"

Inspired plc is headquartered in Preston, Lancashire(Image: PA)

An energy advisor's revenue is expected to be almost 50% higher than in 2020 while its profits are also set to surge by more than half.

Inspired plc, which is headquartered in Lancashire, has revealed its group revenue for the 12 months to December 31, 2021, are expected to be c.48% higher than in 2020.

Its group adjusted EBITDA is also set to be c.55% ahead of 2020's total of £12.8m.

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A statement issued to the London Stock Exchange said: "2021 was a year of significant progress across the group, with a strengthened platform capable of generating long term growth as the business' end markets continue to recover from the pandemic.

"The global energy crisis has highlighted energy as a high priority board level topic.

"The group continues to proactively respond to this, working tirelessly to support clients manage energy prices and reduce their energy consumption and carbon emissions during these unprecedented times."

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Chief executive Mark Dickinson said: "With the changing landscape, we are delighted to report on a period of strong growth at Inspired, both financially and operationally.