Smart Metering Systems (SMS) has announced strong interim results, underlining the resilience of and visibility within the business model. The smart meter rollout programme is accelerating, with over 40,000 meter per month being installed and c70% of SMS SMETS1 portfolio meters now enrolled on the DCC platform. The battery storage portfolio has grown to 760MW, with the first 50MW project trading ahead of initial expectations. SMS is especially well placed to absorb inflationary pressure, with H1 ....
13 Sep 2022
Cenkos: Smart Metering Systems Plc -- Strong H1/22 – FY23E forecast upgrade
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Cenkos: Smart Metering Systems Plc -- Strong H1/22 – FY23E forecast upgrade
Smart Metering Systems PLC (SMS:LON) | 952 0 0.0% | Mkt Cap: 1,316m
- Published:
13 Sep 2022 -
Author:
Ian McInally -
Pages:
16
Smart Metering Systems (SMS) has announced strong interim results, underlining the resilience of and visibility within the business model. The smart meter rollout programme is accelerating, with over 40,000 meter per month being installed and c70% of SMS SMETS1 portfolio meters now enrolled on the DCC platform. The battery storage portfolio has grown to 760MW, with the first 50MW project trading ahead of initial expectations. SMS is especially well placed to absorb inflationary pressure, with H1 ....