This morning, SMS noted the considerable turbulence within the UK energy supply market and confirmed it remains comfortable with previous guidance on the contracted smart meter order pipeline (2.75m by FY26). SMS also stated that current FY21 trading remains in line with expectations. Continued weakness in the SMS share price caused by uncertainty in the energy supply market looks overdone to us and we maintain that, in the long term, downside risk for SMS is limited. SMS pays an attractive fore ....
04 Nov 2021
Cenkos: Smart Metering Systems Plc -- Expanded grid-scale battery pipeline
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Cenkos: Smart Metering Systems Plc -- Expanded grid-scale battery pipeline
Smart Metering Systems PLC (SMS:LON) | 954 -28.6 (-0.3%) | Mkt Cap: 1,318m
- Published:
04 Nov 2021 -
Author:
Ian McInally -
Pages:
7
This morning, SMS noted the considerable turbulence within the UK energy supply market and confirmed it remains comfortable with previous guidance on the contracted smart meter order pipeline (2.75m by FY26). SMS also stated that current FY21 trading remains in line with expectations. Continued weakness in the SMS share price caused by uncertainty in the energy supply market looks overdone to us and we maintain that, in the long term, downside risk for SMS is limited. SMS pays an attractive fore ....