Annual Report and Accounts 2016

Inspired Energy PLC have released the annual report for the period ending 31 December 2016, highlights include significant growth in the Corporate division as a result of:

• Strong conversion of new business wins in both commercial and public sectors in addition to record renewals
• Acquisition of Informed Business Solutions Limited (“Informed”) in September 2016: Broadening the Group’s customer base and strengthening its presence in the multi-site retail and leisure markets, Fully integrated, with the entire Informed team
• now relocated to the Group’s head office
• Record revenue, profits and organic Procurement Corporate Order Book Sales during the year
• Robust organic growth, with the Procurement Corporate Order Book, excluding the impact of the acquisitions of WPUK, STC and Informed, increasing by 9% to £19.1 million as at 31 December 2016 (2015: £17.5 million)
• The Group’s SME division performed strongly in the year, providing material contribution to cash generation
• High client retention rates maintained:
• Risk Management division maintained 100% client retention
• Renewals across the Corporate division at 85%
• Average headcount increased by 68% to 200 staff as a result of Corporate acquisitions and investment within the operational team

Click here to view and download the full Annual Report and Accounts 2016

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