Utilitywise shares suspended as it calls in the administrators

14th Feb 2019 12:21

(Sharecast News) - Utilitywise announced on Thursday that Andrew James Johnson and Chad Griffin, both of FTI Consulting, had been been appointed as joint administrators to the firm.

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Ex-CEO mounts rescue bid for ailing Utilitywise

13th Feb 2019 10:48

(Sharecast News) - A bid to save the future of business utilities consultancy Utilitywise was launched on Tuesday, by its founder and former chief executive officer Geoff Thompson.

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Utilitywise looks to sell business as funding runs dry

28th Jan 2019 08:16

(Sharecast News) - Utility cost management consultancy Utilitywise announced a review if its strategic options in order to deliver maximum value for its stakeholders on Monday.

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Utilitywise to capitalise on deregulation of England's water market

13th Dec 2016 07:55

(ShareCast News) - AIM-listed Utilitywise has partnered with Business Stream to provide gas and electricity procurement services to the water supplier's customers in order to capitalise on the pending deregulation of the commercial water market in England. From April 2017, the English non-domestic w

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Utilitywise's new CFO to start in new year

6th Dec 2016 09:26

(ShareCast News) - Utilitywise, an AIM listed independent utility cost management consultancy, announced that Richard Laker will assume his appointment as chief financial officer (CFO) and director of the company on 1 January 2017. His predecessor Jon Kempster will step down as CFO and director o

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Utilitywise hikes dividend after strong year, strengthens board

18th Oct 2016 09:12

(ShareCast News) - AIM-listed energy consultancy Utilitywise hiked its dividend 30% and hired two new directors after an encouraging year in which revenue grew strongly and new partnerships raised expectations. Revenue increased 22% for the year ended 31 July, to £84.4m, compared to the previous yea

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Utilitywise awarded Internet of Things contract by Asda

17th Oct 2016 08:11

(ShareCast News) - Utility management consultancy Utilitywise has been selected by Walmart's Asda as its chosen supplier of Internet of Things building solutions. Under the terms of the deal, Utilitywise will work closely with Asda's facilities services partner, City Holdings, to deploy Utilitywise'

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Utilitywise lures Flattery from Sage to be new CEO

9th Aug 2016 10:27

(ShareCast News) - Utilitywise has appointed Brendan Flattery as its new chief executive, with the current president of the Europe division at Sage Group taking over at the energy and water consultancy from 1 October. Flattery, who at Sage was responsible for leading a 7,000-person business unit

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Utilitywise sees 'significant' FY revenue growth despite challenges

8th Aug 2016 08:35

(ShareCast News) - AIM-listed Utilitywise said on Monday that despite challenges in the period, revenue growth for the year to the end of July was expected to be "significant". In a trading update for the year, the company said it expects revenue of at least £82m versus £69.1m the year before. Adju

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Utilitywise replacing Thompson as CEO as earnings grow

19th Apr 2016 15:39

(ShareCast News) - Utilitywise announced a number of high-level changes on Monday, including the replacement of Geoff Thompson as chief executive, as well as reporting solid growth in its first half update. The AIM-traded firm said founder Thompson would move to a new role on the board as executive

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Utilitywise forms IoT technology partnership with Dell

11th Apr 2016 09:50

(ShareCast News) - Utilitywise has been signed up as a partner by US technology giant Dell as part of a joint strategy to sell internet of things (IoT) solutions to business customers. Using Utilitywise's infrastructure and specialist industry knowledge as a corporate utility switching consultant, a

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Utilitywise first half in line with expectations

17th Feb 2016 08:01

(ShareCast News) - Utility cost management consultancy Utilitywise said its performance in the six months to the end January was in line with management expectations and the full year should also be in line. The company said in a trading update that it saw continued revenue growth in both UK divisio

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Utilitywise surges on improved energy supplier deal

15th Dec 2015 12:35

(ShareCast News) - As well as revealing a solid start to its new financial year, Utilitywise, the corporate utility switching provider, has negotiated improved terms with a second energy supplier that will improve future cash flows. Any Utilitywise clients that extend their contract with the unnamed

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Utilitywise surges after signing up 150 new clients

29th Oct 2015 15:14

(ShareCast News) - Utility cost management consultancy Utilitywise has signed up 150 clients to its Energy Savings Opportunity Scheme. The London-listed group said the new clients included online property portal Zoopla Property Group and consumer group Which? "There are nearly 14,000 businesses tha

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Utilitywise hikes yearly dividend, names new chief operating officer

27th Oct 2015 14:44

(ShareCast News) - Business energy and water consultancy group Utilitywise lifted its full-year dividend by 25% to 5p on the back of a sharp increase in pre-tax profit. In the year to 31 July, the London-listed company posted pre-tax profit of £14.1m, representing a 20.5% year-on-year increase, whil

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