31st Jan 2025 19:49
Inspired PLC - Lancashire, England-based sustainability and energy advisor - Expects revenue of GBP94.0 million in the year to December 31 down from GBP98.8 million a year prior. Sees group pretax profit in line with market expectations and adjusted earnings before interest, tax, depreciation and amortisation of GBP23.0 million down from GBP25.2 million.
Says financial 2025 has started well and in line with management's expectations. The three significant optimisation projects referred to in the December update have commenced and are on track for delivery in the first half as anticipated.
"With our strong business pipeline, the three significant optimisation projects progressing well and with a strengthened balance sheet, we have the ability to reduce leverage and capitalise on the significant organic growth opportunities, in our growing addressable market," says Chief Executive Mark Dickinson.
Current stock price: 67.42 pence
12-month change: down 12%
By Jeremy Cutler, Alliance News reporter
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