Bus & Finance

Calisen PLC continues to grow market share faster than expected

“I am happy to report that our envisioned smart meter pipeline has greater by around just one million meters,” mentioned Bert Pijls, the CEO of Calisen.

(), the smart meter set up professional, mentioned it has been awarded most popular bidder status on a even further one.3mln smart meters.

The company, which floated in London before this calendar year, mentioned the approximated smart meter pipeline now stands at seven.5mln meters Calisen experienced 5.7mln revenue creating smart meters in its portfolio at the close of September, up from 5.5mln at the close of June. The company also experienced 3.1mln classic meters in its portfolio at the close of September, down from 3.2mln at the close of June.

“I am happy to report that our envisioned smart meter pipeline has greater by around just one million meters. This brings our projected portfolio at the close of the roll-out to 13.two million meters, as opposed to the 11.9 million meters reported in August,” mentioned Bert Pijls, the chief executive officer of Calisen.

“We go on to increase our current market share past our expectations,”£ he extra.

Shares in Calisen ended up up one.one% at 171.1p.