Good energy revenue rises sharply
Wiltshire-based renewables company Good Energy has declared half year revenue of £107.6m, up 57.4 per cent from last year’s figure of £68.4m.

The growth was said to be “driven by significant price rises throughout the year in response to rising wholesale costs.” Gross profit, meanwhile, decreased by 31.1 per cent to £12.2m.

The company reported an underlying loss before tax of £0.7m against a profit of £4.8m in the first half of 2021, which included a £0.8m loss in relation to the financial performance of Bristol-based electric vehicle charging service Zap-Map, of which Good Energy owned around half the shares.

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