Fylde energy consultancy is eyeing more growth in 2020

Fylde consultancy Inspired Energy said in its latest trading report that group revenues are expected to be 50 per cent ahead of 2018’s £32.69m.

By Tim Gavell
Monday, 3rd February 2020, 5:00 pm

In what it said was likely to be “a strong set of results” it added that group adjusted EBITDA was expected to be 39 per cent ahead of the £13.75m it achieved in 2018.

Chief executive Mark Dickinson, said: “2019 has seen the acceleration of growth for the Group, with successful integration of the 2018 acquisitions including Inprova Finance Limited, completion of the strategically important investment into Ignite and delivery of further complementary and value-enhancing acquisitions.

“In 2019, we increased investment in our internal infrastructure and talent in order to leverage the optimisation services opportunity and create a platform to support the expected acceleration of growth in 2020 and beyond.

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Mark Dickinson

"In addition, the new banking facility provides us with greater headroom and flexibility to conclude further acquisitions in 2020. This combined with integration of acquisitions, provides the Board with great confidence that 2020 will be another year of significant progress for the group.”