Sign In
- Home
- Share Prices
- AQSE Share Prices
- Euronext
- US Share Prices
- Stock Tips
- Share Chat
- FX
- News & RNS
- Media
- Trading Brokers
- Finance Tools
- Members
Latest Share Chat
SMS.L Share News (SMS)
SMS Share
Price
SMS Share
News
SMS Share
Chat
SMS Share
Trades
SMS
Live RNS
SMS Share
Charts
SMS Broker
Ratings
SMS Directors
Deals
SMS Financial
Diary
SMS
Fundamentals
SMS Short
Positions
SMS
Media
SMS Company
Research
SMS Company
Timeline
- There is currently no data for SMS
IN BRIEF: Smart Metering Systems backs outlook on solid performance
Smart Metering Systems PLC - Glasgow-based provider of end-to-end services in utility connections, smart metering and energy management - Index-linked annualised recurring revenue rises 6.4% to GBP91.4 million as at April 30 from GBP85.9 million as at December 31 in Meter & Data assets.
Says run rate in smart meter installations has strengthened. Adds that it expects further improvement over the course of the year.
Expects its 400 million watts project to start trading in the third quarter of 2022. Liquidity as at April 30 remains "strong" with GBP63.3 million cash in hand, down 46% from GBP117.7 million as at December 31. Says its outlook for underlying profitability in 2022 remains unchanged.
Current stock price: 834.00 pence
12-month change: up 1.1%
By Abby Amoakuh; abbyamoakuh@alliancenews.com
Copyright 2022 Alliance News Limited. All Rights Reserved.
Latest SMS News
- UK dividends calendar - next 7 days
20 Jan 2022 - IN BRIEF: Smart Metering extends exclusivity agreement with Shell
17 Dec 2021 - Smart Metering Systems extends exclusivity agreement with Shell Energy Retail
17 Dec 2021 - LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit
17 Dec 2021 - IN BRIEF: Smart Metering pipeline "comfortable" amid energy market woe
4 Nov 2021 - Smart Metering Systems 'comfortable' despite energy supplier crisis
4 Nov 2021 - UK shareholder meetings calendar - next 7 days
24 Sep 2021 - AIM WINNERS & LOSERS: Zytronic sales up; Smart Metering fundraises
14 Sep 2021
Related News
EARNINGS AND TRADING: Michelmersh profit up; Journeo wins bus deal
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on this week and Friday and not separ...
Smart Metering offer "unconditional" as shareholders support takeover
(Alliance News) - Smart Metering Systems PLC shareholders have satisfied the acceptance condition for a takeover offer from Kohlberg Kravis Roberts & ...
IN BRIEF: Smart Metering investor group soften KKR bid stance
Smart Metering Systems PLC - Glasgow-based energy management services provider - Shareholders representing just under 18% of the company, including tw...
SMS.L News
IN BRIEF: Smart Metering extends exclusivity agreement with Shell
IN BRIEF: Smart Metering extends exclusivity agreement with Shell
Smart Metering Systems extends exclusivity agreement with Shell Energy Retail
(Sharecast News) - Energy infrastructure company Smart Metering Systems has extended its exclusivity agreement with Shell Energy Retail for the instal...
LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit
LONDON MARKET PRE-OPEN: UK retail sales up; Johnson Matthey sells unit
IN BRIEF: Smart Metering pipeline "comfortable" amid energy market woe
IN BRIEF: Smart Metering pipeline "comfortable" amid energy market woe
Smart Metering Systems 'comfortable' despite energy supplier crisis
(Sharecast News) - Energy infrastructure company Smart Metering Systems updated the market on its operations on Thursday, having noted that there had ...
UK shareholder meetings calendar - next 7 days
UK shareholder meetings calendar - next 7 days
AIM WINNERS & LOSERS: Zytronic sales up; Smart Metering fundraises
AIM WINNERS & LOSERS: Zytronic sales up; Smart Metering fundraises
Follow the stocks
