Inspired Energy (GB:INSE) has released an update.
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Inspired Energy PLC reports solid progress in the first half of 2024, with expectations to achieve full-year results aligned with market consensus, driven by strategic client acquisition and service expansion. The termination of the Deed of Variation with Ignite Energy has eliminated contingent consideration payment obligations, boosting the company’s financial performance and hastening leadership transition efforts. Improved cash conversion and a focus on reducing net debt set a positive outlook for the company’s future, particularly in the Optimisation Services division.
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