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”.