Sign up United Kingdom
Proactive Investors - Run By Investors For Investors

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''.

 
Meet Anglo Asian Mining PLC, Jersey Oil and Gas PLC, Europa Oil & Gas (Holdings) Plc, ANGLE plc and Eurasia Mining plc at our event, Dublin , 22 November 2018. Register here »
View full RMS profile View Profile

Remote Monitored Systems Timeline

Article
June 08 2018

© Proactive Investors 2018

Proactive Investors Limited, trading as “Proactiveinvestors United Kingdom”, is Authorised and regulated by the Financial Conduct Authority.
Registered in England with Company Registration number 05639690. Group VAT registration number 872070825 FCA Registration number 559082. You can contact us here.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use