Inspired Energy (GB:INSE) has released an update.
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Inspired Energy has revised its FY24 adjusted EBITDA forecast to approximately £23 million following delays in key optimisation projects, with confidence growing for FY25 as project revenues shift. Despite the deferred profits, other service areas have performed well, and the company is focusing on reducing net debt and expanding project pipelines. Inspired’s efforts to diversify risks and optimize project delivery are expected to enhance financial stability and growth in the coming year.
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