Smart Metering Systems (SMS) has announced a FY22 trading update indicating a strong operating and financial performance during FY22, with underlying EBITDA expected to be marginally ahead of expectations and adjusted PBT materially ahead of expectations. The smart meter rollout programme continued to accelerate, with H2/22 seeing an average of 45,000 meters per month being installed. The battery storage portfolio increased to 760MW, with 140MW now live and trading significantly ahead of initial ....