Sabien Technology Group PLC - London-based boiler efficiency products - Sabien Technology Ltd subsidiary wins contract with UK government for boiler optimisation project. The GBP264,000 contract extends deployment of Sabien's M2G boiler optimisation technology across multiple sites in the UK in support of an unnamed "major project". Sabien says the order is the first for more than 100 M2G cloud-connected devices. "At times of rapidly increasing gas prices Sabien Cloud delivers significant, visible, and measurable savings," company asserts.
Current stock price: 20.18 pence, down 0.4% on Friday
12-month change: down 38%
By Tom Budszus; tombudszus@alliancenews.com
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Sabien Tech. (SNT)