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LONDON (Alliance News) - Inspired Energy PLC Tuesday said it has achieved "significant growth and development in all divisions" in the first five months of 2015, particularly in its small and medium-sizes enterprises division.
Inspired Energy's shares rose 6.4% to 12.10 pence following the release of its statement and ahead of its annual general meeting later on Tuesday. The stock had touched 12.44p at the open.
The energy procurement consultant said like-for-like contract sales in its SME division increased 27% to GBP1.6 million in the five months due to "operational efficiency and systems development", while the order book in its Corporate division increased to GBP15.0 million as at May 31 from GBP14.0 million at December 31, 2014.
"In conclusion, the group has delivered strong organic growth in all divisions, while continuing to enhance the service capability and sector specialisms of our operational teams. We look forward to a very successful 2015," the company said in a statement.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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