Strong end to 2011 spills over into 2012 at Inspired Energy

Inspired Energy, the UK energy procurement consultant, had a bumper end to 2011 and the strong trading performance has continued into the new year.

Inspired Energy, the UK energy procurement consultant, had a bumper end to 2011 and the strong trading performance has continued into the new year.

The company said revenue was up 30% for the half year ended 31 December.

The firm delivered a strong trading performance in November and December with record order book sales in the fourth quarter.

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Order book sales made in the 12 months to 31 December 2011 totalled £3.8m. This has enabled the company to increase its aggregate order book, as at 31 December 2011, to in excess of £4.3m.

Encouraged by the burgeoning order book, the company is on the recruitment trail, seeking additional senior personnel to boost its organic growth plans.

The share price rose 7.41% to 3.62p by 12:32.

NR