LONDON (Alliance News) - Sabien Technology Group said Monday that it has received orders worth GBP375,000 since the announcement of its half-year results in February.
The company, which makes energy efficiency technology, said that a majority of orders had come from UK customers, including two local councils, and initial orders from its overseas distribution network in Greece, Iran and Pakistan.
"I believe that as these channels develop over the next few years, they will provide substantial revenue opportunities for the company," said Chief Executive Alan O'Brien in a statement Monday.
Shares in Sabien were trading up 9.4% at 35.00 pence Monday morning.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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Sabien Tech. (SNT)