- Smart Metering Systems said it had growth its annual recurring revenue by a fifth, putting it on track to meet market expectations for the year.

Index-linked annualised recurring revenue grew 20% to £90.1m, while meter and data assets under management grew 19% to 3.7m.

At 8:09am: [LON:SMS] Smart Metering Systems share price was -2.3p at 490.7p

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