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  2. Share Prices
  3. Sabien Tech. Share Price
  4. Sabien Tech. Share News
  5. IN BRIEF: Sabien Technology rises on higher demand for M2G

Pin to quick picksSabien Tech. Share News (SNT)

Sabien Tech. Information

Share Price Information for Sabien Tech. (SNT)

London Stock Exchange
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Share Price: 12.50
Bid: 12.00
Ask: 13.00
Change: 0.00 (0.00%)
Spread: 1.00 (8.333%)
Open: 12.50
High: 12.50
Low: 12.50
Prev. Close: 12.50
SNT Live PriceLast checked at -

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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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5 May 2022 12:06

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