APCOA, the leading parking operator in Europe, today announced that Philippe Op de Beeck will be stepping down as CEO, effective July 1, 2024 and that Bert Pijls will assume the role of Executive Chair until a new CEO is appointed.
Calisen posts 2020 revenue increase as smart meter installations rise
Tue, 2nd Mar 2021 11:26
(Alliance News) - Calisen PLC on Tuesday said it ended the year in a stronger position than it had been in at the start despite challenges caused by Covid-19.
The Manchester-based smart energy provider reported 2020 revenue of GBP248.1 million, up 19% from GBP208.8 million in 2019. This was due to its base of revenue-generating smart meters increasing by 15%, despite the suspension of installations during the first lockdown, to reach 6.0 million meters at the end of the year.
Calisen s 2020 pretax loss narrowed to GBP17.2 million from a GBP80.1 million loss in 2019, as non-essential smart meter installations were suspended between March and June. However, this was partially offset by a lower than expected number of traditional meter removals that continued to produce revenue and cash flow, it said.
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