RE: What's going on?21 Aug 2021 21:17
It’s all there in the latest trading update. Building on the current business in the private sector, here and in the US. More government contracts and tapping into public funds and grants, and Acquisitions and diversification into other parts of the green energy sector.
Too many snippets to choose from in that last RNS…
“Sabien is actively pursuing targets within the non-refrigerant based cooling, battery recycling and reproduction, and waste to energy sectors”
“In the first half of the 2021 financial year Sabien reported a near threefold increase in revenue and gross profit, substantially reducing the interim loss before tax and improving operational cash generation”
“US acquisition opportunities in addition to expanding the US market for Sabien's European products and services”
“next generation of M2G, integrating remote commercial boiler management within a single Cloud-enabled device”
“Mr. Mills provides the necessary experience to benefit from President Biden's Plan for a Clean Energy Revolution and Environmental Justice”
“intellectual property prosecution, technology transfer and fund raising for research”
“Sabien is confident of a value-creating entry to the waste-to-energy market”
“expansion strategy via acquisition”
“we are actively considering innovative structures within which to maximise the returns to shareholders”
“The Board looks forward to the coming year with considerable confidence”
“number of exciting opportunities, several of which could come to fruition in the short to medium term”
“I look forward to reporting to shareholders in more detail in August."