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Pin to quick picksSabien Tech. Share News (SNT)

Share Price Information for Sabien Tech. (SNT)

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Share Price: 12.25
Bid: 11.50
Ask: 13.00
Change: 0.00 (0.00%)
Spread: 1.50 (13.043%)
Open: 12.25
High: 12.25
Low: 12.25
Prev. Close: 12.25
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IN BRIEF: Sabien Technology rises on higher demand for M2G

Wed, 29th Nov 2023 11:26

Sabien Technology Group PLC - London-based company focused on green technologies such as plastic-to-oil recycling and CO2 mitigation for commercial and residential boilers - Ahead of its annual general meeting on Wednesday, says there was "considerable progress" in the financial year ended June 30 in its M2G boiler technology business, as well as in b.grn, the special purpose vehicle of which Sabien owns a third. "Carbon savings using M2G have almost tripled while Cloud Connect installations are now nearly twice that of a year ago. Since year end, new orders and revenue growth have extended the strongly positive trend during the last financial year," says Chair Richard Parris. Expects b.grn to contribute materially within the medium to long term. Looking ahead, says it expects to deliver on "key milestones" in financial 2024.

Current stock price: 10.53 pence, up 5.3%

12-month change: down 14%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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11 Feb 2014 11:17

Sabien Technology shares fall on wider H1 losses

Shares in Sabien Technology tumbled after it unveiled wider first-half losses and said more of its sales were likely to come in the second half. Sabien, which makes energy-saving control technology for commercial heating systems, made a pre-tax loss of £245,000 in the six months to December 31st ag

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11 Feb 2014 09:41

Tuesday broker round-up UPDATE

Bellway: Jefferies takes target price from 2085p to 2186p and stays with its buy recommendation. BT Group: Jefferies shifts target price from 435p to 440p and keeps a buy recommendation. Carnival: Jefferies ups target price from 2000p to 2050p, while downgrading to underperform. Deutsche Bank rais

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11 Feb 2014 09:36

CORRECT: UK MORNING BRIEFING: Shares Open Higher But Barclays Down On Results

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11 Feb 2014 08:32

UK MORNING BRIEFING: Shares Open Higher But Barclays Down On Results

LONDON (Alliance News) - UK shares have opened higher Tuesday ahead of the testimony later in the day by new US Federal Reserve Chair Janet Yellen.

Barclays has said it is in a position to increase its leverage ratio target, despite a loss in its final quarter. Bar

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16 Jan 2014 16:50

STOCKS NEWS EUROPE-UK small caps weaken, Lamprell outperforms

The FTSE Small Cap index sheds 0.5 percent, in line with the midcaps, but lagging a 0.1 percent rise from junior-listed AIM shares. Lamprell, an engineering and construction services group that focuses on the energy sector, gains almost 10 percent after stating in a trading update that its

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16 Jan 2014 16:19

UK shale gas firm IGas climbs as CEO indicates confidence

IGas Energy, a British onshore oil and gas explorer and developer, was one of the top risers on AIM on Thursday as Chief Executive Andrew Austin dipped into the market. Austin shelled out £0.4m on 300,000 shares at 135.38p, even though the shares are trading around all-time highs. The purchase in

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16 Jan 2014 11:33

DIRECTOR DEALINGS: Wife Of Sabien Tech Non-Executive Transfers Shares

LONDON (Alliance News) - Sabien Technology Group PLC Thursday said Rosena Monaghan, the wife of Non-Executive Director Karl Monaghan, sold 32,940 shares at 35 pence per share on January 9, and her ISA purchased 32,594 shares at 35.1 pence per share on the same date. As a result of this tran

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7 Oct 2013 11:02

UK WINNERS & LOSERS: Burberry Trips After Chinese Slowdown, Suretrack Shares Jump

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7 Oct 2013 08:41

Sabien Technology Wins GBP2.2 Million Contract With Lincolnshire County Council

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7 Jun 2013 08:48

Sabien receives new orders for M2G technology

Sabien Technology Group's shares advanced Friday after the company announced it received further orders for its boiler energy efficiency technology M2G. The company received the orders, worth £211,743, to install M2G across the Ministry of Defence (MoD) South East Regional Prime Contract managed by

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28 May 2013 07:52

Sabien Technology wins new order for M2G installation

Sabien Technology Group, which manufactures and supplies M2G, a boiler energy efficiency technology, has won a new order to install M2G across the Ministry of Defence (MoD) south east regional prime contract, which is managed by PriDE, a joint venture between Interserve Defence and SSE Contracting.

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26 Mar 2013 11:48

Sabien Technology rises on Fireye distribution agreement

Shares in AIM-listed boiler energy efficiency technology manufacturer Sabien Technology advanced as the group signed a non-exclusive distribution agreement with flame safeguard controls manufacturer Fireye, for the supply of its UL-approved M2G boiler optimisation controller. M2G improves the energ

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13 Feb 2013 07:47

Wednesday broker round-up UPDATE

API Group: Numis shifts target price from 70p to 67p downgrading to hold. Barclays: Morgan Stanley raises target price from 386p to 400p keeping an overweight rating. Credit Suisse increases target price from 250p to 290p, while leaving its neutral rating unchanged. JP Morgan ups target price from

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7 Feb 2012 13:48

Sabien on the boil

Sales, profits and the order book are all heating up nicely at energy saving device developer Sabien Technology. The company saw a 63% hike in profit before tax during the six months ended December 31st to £0.3m from £0.19m the year before. Revenue rose to £1.5m from £1.1m the previous year. The

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3 Oct 2011 13:04

Sabien Technology move back into the black

Energy saving device developer Sabien Technology saw its pre-tax profit move back into the black after revenue more than doubled for the year ended 30 June. Income rose from £0.97m to £2.1m, leading to profit before tax of £0.2m, up from a loss of £0.5m the previous year. Despite this rise, earnin

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