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IN BRIEF: Smart Metering 2020 Profit To Beat Market Expectations

Tue, 02nd Feb 2021 12:04

Smart Metering Systems PLC - Glasgow-based gas and electricity smart meter installer - Confirms it expects underlying pretax profit for 2020 to be marginally ahead of market expectations. Underlying pretax profit for 2019 was GBP15.6 million. Statutory pretax profit was GBP5.5 million on revenue of GBP114.3 million. Smart Metering will publish its full results for 2020 on March 16.

Current stock price: 696.00 pence

Year-to-date change: down 2.1%

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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