Fylde energy firm in trading update

Michael Fletcher
Michael Fletcher

Energy procurement consultancy Inspired Energy has said that it is set to hit its targets for the year.

The Kirkham based firm held its annual general meeting in Manchester to update the markets on its progress ahead of its interim results which are due to be published on September 4.

Chairman, Michael Fletcher,said: “I am pleased to report that Inspired has continued to build on a strong 2017 as we continue to deliver on our stated growth strategy and are trading in line with market expectations in the first half of 2018.

“Our client offering has been further enhanced by the acquisition and integration of Systemslink 2000 Limited and Energy Cost Management Limited, which the Group acquired in March 2018.

"In the first half of the year the board also implemented a LTIP to further incentivise senior management to deliver long term value to investors. Acquisitions continue to strengthen our offering for clients and we move into the second half with confidence building on our established and robust platform with a strong team in place to drive the Group to the next stage.”