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Remote Monitored Systems plc chairman hails 'spectacular turnaround'

Nigel Burton, chairman of Remote Monitored Systems Plc (LON:RMS),  spoke to Proactive's Andrew Scott to discuss the group's first half update following their name change from Strat Aero.

''The name change is really important, it's not an accident ... it's to signal to people that this is about remote monitoring and increasingly we'd like to include services in that''.

''[The first half of 2018] has been a spectacular turnaround from where we were last year ... we've reduced the operating loss 72% and from an EBITDA perspective we're pretty well break-even''.

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