Smart Metering Systems

Shareholders of Glasgow-based Smart Metering Systems (SMS) now have an extended timeframe to deliberate the £1.3 billion takeover offer presented by US private equity firm Kohlberg Kravis Roberts (KKR)

The board of Smart Metering Systems (SMS) has received a cash acquisition offer from American global investment firm KKR worth over £1 billion.

Glasgow-headquartered Smart Metering Systems (SMS) has reported robust growth in the first half of 2023, with its index-linked recurring revenues (ILARR) growing 13.3% to £110 million from £97.1m. The firm's smart meter portfolio, which includes meter assets, energy data, grid-scale batt

Successful Scottish businessman and the founder of stock market listed group Smart Metering Systems is to make the largest single investment in Scottish basketball history, as part of a £20 million new basketball arena project for the Caledonia Gladiators. Steve Timoney and wife Alison today a

An increase revenues of 21% to £62.7 million has been reported by Smart Metering Systems (SMS) in its 2022 interim report for the six months ending 30 June 2022. The company's underlying profit before tax was up 7% from £9.6m to £10.3m for the same period last year. Pre-tax profit

Smart Metering Systems (SMS), the Glasgow-based energy tech firm, is returning its furlough cash received from the UK Government. The company had suspended its smart meter installation activities on 22 March 2020 as a result of the developing coronavirus situation. Due to significant uncertainties a

Smart Metering Systems plc (SMS) has conditionally sold a minority of the group’s meter assets to funds managed by Equitix Investment Management Limited for a total gross cash consideration of £291 million. The group expects to receive net cash consideration of £282m, aft