Half Year Results 

Smart Metering Systems bets on recovery

Smart Metering Systems bets on recovery

Smart Metering Systems (SMS) may have seen annualised recurring revenue from its installed meters rise by 14 per cent in the first half of 2019, but with depreciation costs increasing by almost three-quarters and losses associated with the removal of older meters, the group swung to a pre-tax loss.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now