Ista - 3Q16 Results
Germany’s Ista, Europe’s leading sub-metering company, released buoyant 3Q16 results with yoy sales up 9.7% to €197m and EBITDA up 18.4% to €87m. This marked a notable acceleration from the slow start of the year, when some German customers had delayed billing activity due to the mild winter. Alongside Germany (58% of sales), most other countries were positively oriented. Prospects are bright in Italy, France and Spain on the back of the transposition of the EU directive requiring sub-meters...​
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