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 inspired@almapr.co.uk.
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 Mark Dickinson (Chief Executive Officer) Paul Connor (Chief Financial Officer) David Cockshott (Chief Commercial Officer)
| +44 (0) 1772 689250
|
| Shore Capital (Nominated Adviser and Joint Broker) Patrick Castle James Thomas | +44 (0) 20 7408 4090
|
| Peel Hunt LLP (Joint Broker) Mike Bell Ed Allsopp | +44 (0) 20 7418 8900 |
| Alma PR Justine James Hannah Campbell Will Ellis Hancock | +44 (0) 20 3405 0205 +44 (0) 7525 324431 |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.