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Glasgow metering firm readies for net zero push


Smart Metering Systems reported robust half-year results
A SCOTTISH smart metering company has hailed a “transformational year” for the business in 2020 as it reported profits ahead of market expectations.
Smart Metering Systems, which installs and manages smart meters on behalf of energy companies, posted a rise in statutory pre-tax profits to £195 million from £5.5m and said it is well placed to take advantage of the move towards net zero.
The Glasgow-based businessreported that its ILARR, the revenue generated from meter rental and data contracts at a point in time and including revenue from third-party managed meters, was up six per cent to £77m against £72.6m in 2019. ....

Glasgow City , United Kingdom , Alan Foy , Nationalised Clyde , கிளாஸ்கோ நகரம் , ஒன்றுபட்டது கிஂக்டம் , ஆலன் ஃபாய் ,