Inspired PLC Trading update and notice of results (0132V)

TIDMINSE

RNS Number : 0132V

Inspired PLC

05 August 2022

5 August 2022

Inspired PLC

("Inspired" or the "Group")

Half Year Trading Update and Notice of Results

Half Year performance in line with the Board's expectations

Inspired plc (AIM: INSE), a leading technology enabled service provider supporting businesses in their drive to net zero, controlling energy costs and managing their response to climate change, is pleased to provide the following trading update for the six-month period ended 30 June 2022.

The Group continued to make progress against its planned strategy in the first half of the financial year, with strong trading and a continued improvement in underlying cash generation from FY2021. The Board expects to announce results in line with its expectations.

Energy has become a high priority Board level issue for all businesses. The Group continues to support clients in managing energy prices and reducing energy consumption and carbon emissions. Growth within the Group's Energy Optimisation Services in particular is strong, and the Board is pleased to note the accelerating demand for Inspired ESG services.

Mark Dickinson, CEO of Inspired PLC commented:

"Against a challenging market and macroeconomic backdrop, we are pleased to report a period of solid growth, with the Optimisation and ESG divisions gaining particularly good traction in particular, a trend we see continuing into the second half.

"The transition to Inspired plc a year ago has enabled us to strengthen our platform and leading market position as we support businesses in their response to the ongoing energy crisis and climate emergency."

Notice of Results

Inspired expects to announce its unaudited half year results to 30 June 2022 on 6 September 2022.

Analyst Presentation

An analyst briefing call will be held at 9am on the morning of results and those analysts wishing to join the presentation can register for details via [e-mail] .

Investor Meet Company Presentation

A presentation to retail investors will be hosted on Wednesday, 7 September 2022 at 9am via the Investor Meet Company platform. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via the Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.

Investors can sign up to Investor Meet Company for free and add to meet Inspired plc via:

https://www.investormeetcompany.com/inspired-plc/register-investor

Investors who already follow Inspired plc on the Investor Meet Company platform will automatically be invited.

A recording of the presentation will also be made available via the Group's website following the webinar.

Enquiries please contact:

 
Inspired PLC                                  www.inspiredplc.co.uk 
 Mark Dickinson (Chief Executive Officer)      [phone] 
 Paul Connor (Chief Financial Officer) 
 David Cockshott (Chief Commercial Officer) 
Shore Capital (Nominated Adviser and 
 Joint Broker) 
 Patrick Castle 
 James Thomas                                  [phone] 
Peel Hunt LLP (Joint Broker) 
 Mike Bell 
 Ed Allsopp                                   [phone] 
Alma PR                                       [phone] 
 Justine James                                 [phone] 
 Hannah Campbell                               [e-mail] 
 Will Ellis Hancock 
 

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August 05, 2022 02:00 ET (06:00 GMT)