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
- Smart Metering Systems Signs Contract With SSE Unit To Install Meters
18 Mar 2019 - LONDON MARKET PRE-OPEN: FIS To Buy Worldpay At USD43 Billion Value
18 Mar 2019 - Smart Metering Systems wins Co-op contract as recurring revenue leaps
8 Feb 2019 - Smart Metering Systems Revenue Rises, Teams With Co-Operative Energy
8 Feb 2019 - LONDON MARKET PRE-OPEN: SSE Warns On Profit; Earthport Battle Hots Up
8 Feb 2019 - Smart Metering Agrees To Supply New SMETS2 To Octopus Energy
17 Jan 2019 - Smart Metering Systems secures ÂŁ420m credit facility
21 Dec 2018 - Smart Metering Partners With Bristol Energy To Install Smart Meters
25 Oct 2018
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
Smart Metering Systems Signs Contract With SSE Unit To Install Meters
LONDON (Alliance News) - Smart Metering Systems PLC on Monday said it has signed an agreement with SSE Energy Supply Ltd, part of SSE PLC, to provide ...
LONDON MARKET PRE-OPEN: FIS To Buy Worldpay At USD43 Billion Value
LONDON (Alliance News) - Stock prices in London are seen opening in the green on Monday following strong gains in Asian equity markets overnight, amid...
Smart Metering Systems wins Co-op contract as recurring revenue leaps
(Sharecast News) - Smart Metering Systems (SMS) won a new contract from Co-operative Energy on Friday as it reported that annual results will fall in ...
Smart Metering Systems Revenue Rises, Teams With Co-Operative Energy
LONDON (Alliance News) - Smart Metering Systems PLC on Friday said its annualised recurring revenue increased by almost a third after the number of do...
LONDON MARKET PRE-OPEN: SSE Warns On Profit; Earthport Battle Hots Up
LONDON (Alliance News) - Stock prices in London seen opening in the red on Friday, continuing Thursday's decline, as optimism fades on a trade deal be...
Smart Metering Agrees To Supply New SMETS2 To Octopus Energy
LONDON (Alliance News) - Smart Metering Systems PLC on Thursday said it has signed a meter rental agreement with Octopus Energy Ltd to supply a minimu...
Smart Metering Systems secures ÂŁ420m credit facility
(Sharecast News) - Smart Metering Systems (SMS) on Friday signed a new revolving credit facility with a syndicate of existing and new UK and internati...
Smart Metering Partners With Bristol Energy To Install Smart Meters
LONDON (Alliance News) - Smart Metering Systems PLC on Thursday said it has signed an agreement with Bristol Energy to provide services as an integrat...
Follow the stocks
