The Scotsman

Utility firm sees annual sales light up

L Business focused on home-movers sees turnover hit record £160m

- By EMMA NEWLANDS

and improving energy inefficien­cy.” The business also announced the appointmen­t of Kevin Lyon – former head of venture capital company 3i in Scotland – as chairman.

Gauld noted that Lyon has workedform­anytoporga­nisations at various growth stages and “brings a wealth of experience to help guide the business through its next phase – we’re ambitious about our plans for growth and Kevin’s input will be invaluable to the team at Spark as we deliver products and services for homemovers”.

Gauld added: “The current financial year has started really strongly and we’re ahead of plan with continued record customer growth, the signing of a number of exciting new partnershi­ps and investment in new products and services that complement our core energy and telephony offer.”

The firm also noted Marco Ferrara taking up the role of director, delivering the firm’s digital home-mover platform.

Gauld said of the appointmen­t: “Marco’s extensive experience in developing and bringing to market tech platforms is a huge asset at a time when we are committing over £1m into simplifyin­g, digitising and improving the experience of setting up energy, broadband and other essential utilities for home-movers.”

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