Make your money go further for just 25p per day

Smart Metering (AIM:SMS) – positive update and huge potential through smart meter roll-out

28/05/2015 · Smart Metering Systems (SMS) 

The highly rated owner and operator of metering systems and databases on behalf of major energy companies has issued a positive AGM statement confirming all is on track. With the smart meter roll-out in the UK set to accelerate SMS looks in a great position to benefit.

Total annualised recurring revenues have increased by over 10% from £26.2m as at 31 December 2014 to £29.0m as at 30 April 2015, in line with management’s expectations. In addition, the Company’s continued investment in its asset portfolio has seen the total number of gas meters under management increased by over 5% to 637,971 and the total number of electricity meters under management increase by approximately 39% to 16,658, in each case as at 30…

Sign up and read the full article

Register to continue reading our content.

Get FREE access now

Already a member? Login

Previous article Next article

Have your say

Log in or register to view or add comments.


Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.



Become a champion investor for just £90 a year. Benefit from our high performing portfolios:


More on Smart Metering Systems

AIM favourites have contrasting experiences

03/03/2021 · Company Insights

AIM favourites covered in our update here are popular holdings for many AIM Inheritance Tax portfolios.…

Well placed for the energy revolution

17/12/2020 · Company Insights

An energy management specialist covered in our latest update here, could be a big winner from…

More Company Insights

Plenty to like about Watkin Jones

18/05/2021 · Watkin Jones PLC

A good day for Covid testing companies

Agronomics: illustrates the crazy nature of the market

13/05/2021 · Agronomics