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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Smart Metering Systems PLC    SMS   GB00B4X1RC86

SMART METERING SYSTEMS PLC

(SMS)
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Delayed Quote. Delayed London Stock Exchange - 06/25 11:35:20 am
503.5 GBp   -2.52%
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Smart Metering : Diehl Metering at the Smart City Expo, Barcelona

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01/11/2019 | 08:14am EDT

NUREMBERG, Germany, Jan. 9 -- Diehl Group, a worldwide operating industrial group, issued the following news:

* * *

- Smart Metering solutions for sustainable use of our resources and for more efficient processes for suppliers

* * *

The world's urban population is rising rapidly. This increasingly presents city planners around the world the challenge of ensuring smooth running of city life. Suppliers from all over the world including Diehl Metering presented their solutions for these challenges at the Smart City Expo in Barcelona. The smart solutions provider presented its solutions to interested customers from all over the world in cooperation with Microsoft.

By 2030, around 60 per cent of the world population - possibly over 80 per cent in some countries - is expected to live in the city. Cities are already being pushed to their full capacity, for example because of the immense volume of traffic and the demand for water and energy supplies, which presents a challenge for cities that should not be underestimated. Smart solutions enable improvement of the traffic situation in cities and the optimisation of water and energy consumption.

With over 20 years' experience in wireless communication, Diehl Metering presented itself for the second time at the Smart City Expo in Barcelona with intelligent solutions - this year at Microsoft's booth. The Smart City Expo is one of the leading trade fairs in the field of smart city solutions. A good two-thirds of the visitors are specialists in this field, or important management decision makers. The applications shown by Diehl Metering in the field of demand management and asset management were of particular interest. Diehl Metering supports its customers in the field of demand management to enhance efficiency through network optimisation and to consequently make significant cost savings. Water suppliers are supported in their asset management. Intelligent leak monitoring enables the detection and reduction of NRW (Non Revenue Water).

As an international software and hardware manufacturer, Microsoft is one of the most important global players in smart technologies. The partnership between Microsoft and Diehl Metering is a win-win situation, and this was very evident at the trade fair in Barcelona. More and more customers across the globe are trusting Diehl Metering's IZAR Solutions - a meter data management software solution that can be implemented in the popular Microsoft AZURE cloud computing platform.

With the AZURE Cloud Storage Service applications and databases are no longer stored on individual computers but can be accessed worldwide. Diehl Metering customers therefore have global access to their data via AZURE. AZURE enables further tools for processing data such as big data analytics and artificial intelligence.

By using the Diehl IZAR data management platform and Microsoft's AZURE technology, we are already generating added value for our customers for future smart cities through flexible and scalable solutions. Excellent data security and configurable access control can also be attributed to the Diehl-Microsoft cooperation.

See an excerpt from Microsoft's partner movie in which Dr. Christoph Bosbach (Speaker of the Division Board) explains which solution Diehl Metering offers with its smart solutions for water breaks.

Link to the movie (https://www.youtube.com/watch?v=sy9QnA1OgrE)

Take also a look at the interview with Mister Thomas Gastner and see what our Member of the Division Board has to say about Smart Cities and our approach.

Link to the movie (https://www.youtube.com/watch?v=GaiILE5WuBk)

© 2019 Targeted News Service, source News Service

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Financials (GBP)
Sales 2019 108 M
EBIT 2019 27,9 M
Net income 2019 18,7 M
Debt 2019 205 M
Yield 2019 1,27%
P/E ratio 2019 37,30
P/E ratio 2020 30,94
EV / Sales 2019 7,18x
EV / Sales 2020 7,30x
Capitalization 567 M
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Number of Analysts 8
Average target price 8,62  GBP
Spread / Average Target 71%
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Alan Henry Foy Chief Executive Officer & Executive Director
Donald William MacDiarmid Non-Executive Chairman
Rhys Wynne Chief Operating Officer
David Thompson Chief Financial Officer & Finance Director
Miriam Valerie Greenwood Senior Independent Non-Executive Director
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