Calisen PLC continues to grow market share faster than expected

(), the clever meter set up professional, stated it has been awarded desired bidder position on a more one.3mln clever meters.

The firm, which floated in London earlier this 12 months, stated the estimated clever meter pipeline now stands at 7.5mln meters Calisen had five.7mln revenue generating clever meters in its portfolio at the stop of September, up from five.5mln at the stop of June. The firm also had 3.1mln regular meters in its portfolio at the stop of September, down from 3.2mln at the stop of June.

“I am delighted to report that our predicted clever meter pipeline has greater by about 1 million meters. This delivers our projected portfolio at the stop of the roll-out to thirteen.2 million meters, in comparison to the eleven.9 million meters documented in August,” stated Bert Pijls, the chief executive officer of Calisen.

“We continue on to improve our marketplace share beyond our anticipations,”£ he extra.

Shares in Calisen have been up one.one% at 171.1p.