Utilitywise, the AIM-listed utility cost management consultancy, said revenues and adjusted profits were slightly ahead of management expectations in the first half.By the end of the six-month period on January 31st, the value of contracts secured but not yet live stood at a record £23.8m.This was up from £18.2m at the end of the second quarter (September 30th) and higher than the £16.6m registered at the start of the financial year (July 31st).Utilitywise, which has a market capitalisation of over £200m, provides services to businesses to get the most value from their energy and water contracts, reduce their energy consumption and lower than carbon footprint."The company has performed well in the first half of the year, with a significant increase in both revenue and adjusted profit before tax on the previous year," said Chief Executive Geoff Thompson."We look forward to the remainder of the year with confidence," he said.Despite the upbeat statement, the stock was 0.7% lower at 286p in early trading on Wednesday.BC