4 Feb 2019 15:20
For immediate release
4 February 2019
Sabien Technology Group plc
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("Sabien" or "the Company")
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Corporate Update - Orders received
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Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M2G, a boiler energy efficiency technology, is pleased to announce it has received sales orders totalling £146,187 for the month of January 2019. This brings total orders for the financial year ending June 2019 to £278,332. In comparison, sales orders for the six-month period ended 31 December 2018 totalled £132,145. Sales orders in the month of January alone therefore represent an increase of approximately 10% compared to the previous six months. All sales revenue will be realised in this financial year.
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Orders have been received from UK customers, including local councils, and from Sabien's overseas distribution network in the US.
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The company announces also that it will be publishing its interim results for the six-months ended 31 December 2018, including an update on outlook for the rest of the year, during the week commencing 11th of February 2019.
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For further information:
Sabien Technology Group plc Alan O'Brien | +44(0)20 7993 3700 |
Beaumont Cornish Limited (Nominated Advisor) Michael Cornish and Roland Cornish www.beaumontcornish.com | +44(0)20 7628 3396 |
Peterhouse Capital Limited (Broker) Martin Lampshire and Fungai Ndoro | +44(0)20 7469 0930 |
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ENDS