4 Feb 2019 15:20
For immediate release
4 February 2019
Sabien Technology Group plc
("Sabien" or "the Company")
Corporate Update - Orders received
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.
Orders have been received from UK customers, including local councils, and from Sabien's overseas distribution network in the US.
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.
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
Sabien Tech. (SNT)