Smart Metering Systems (AIM: SMS) big growth and plenty more to go for
The meter owner has announced excellent interim results for the six months to 30 June 2015. This business has a fabulous model with significant barriers to entry, terrific visibility of earnings and delivery of compelling returns on equity.
Smart Metering Systems connects, owns, operates and maintains a growing portfolio of metering systems and databases on behalf of major energy companies. The Company’s focus is on offering its unique integrated services to the UK Industrial and Commercial gas market in which its customers have an 80% market share.
The Company has further applications for gas with its ADM™ device which allows “smart” functions such as remote…
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