Sabien continues to dive as sales conversions prove tricky
14th Feb 2019 09:22
(Sharecast News) - Sabien Technology dived on Thursday after a "challenging" period for the energy saving technology provider resulted in a drop in sales orders but losses were reduced through cost-cutting.
Read moreSabien tumbles on profit warning
6th Aug 2018 11:31
(Sharecast News) - Energy efficient technology manufacturer Sabien Technology expects to report revenues of around £600,000 and a pre-tax loss of as much as £700,000 from its last trading year.
Read moreSabien Tech's revenue falls but sales pipeline recovers
25th Oct 2016 07:43
(ShareCast News) - AIM-listed Sabien Technology Group, a manufacturer of endotherm boiler energy efficiency technologies, reported that full-year revenue fell by nearly 50% but its sales pipeline has increased due to a change in its policy. For preliminary results for the year ended 30 June, revenue
Read moreSabien Technology to raise £750,000 via placing
16th Sep 2016 09:23
(ShareCast News) - Energy efficiency technology manufacturer Sabien Technology will raise £750,000 through a share placing on AIM on Wednesday, in order to invest in pilot projects. The company will place 18.75m shares at 4p per share to raise £750,000, before expenses, from institutional and other
Read moreSeriously depressed first half numbers for Sabien Technology
9th Feb 2016 14:37
(ShareCast News) - Sabien Technology was looking at some seriously depressed numbers in its first half trading on Tuesday, blaming reduced margins and increased costs for the result. The AIM-traded manufacturer of the patented M2G energy saving devices saw sales revenue slip in the six months to 31
Read moreSabien Technology chairman to step down next month
23rd Oct 2015 09:36
(ShareCast News) - Miriam Maes will step down from her role as chairman and non-executive director of Sabiens Technology Group next month, the London-listed company said. Maes, who has held her current role since 2012, will vacate her role on 18 November due to her other commitments in Europe and wi
Read moreSabien Technology slumps as annual loss nearly doubles
7th Oct 2015 09:59
(ShareCast News) - Shares in Sabien Technology slumped almost 6% early on Wednesday, as the energy-efficient technology provider posted a wider annual loss. In the year to the end of June, the London-listed company, which earlier this year warned its loss would widen, said its pre-tax loss almost do
Read moreSabien Technology warns full-year revenues will be lower, losses wider
15th Jun 2015 11:48
AIM-listed Sabien Technology Group on Monday warned that it expects to report lower annual revenue and wider losses following the delay of some substantial orders. The firm, which manufactures and supplies energy efficient technology, now anticipates that it will generate losses of up to around £0.6
Read moreSabien Technology dives after profit warning
29th May 2014 12:37
Shares in Sabien Technology lost more than a quarter of their value on Thursday morning after a profit warning. Sabien, a manufacturer and supplier of M2G, an energy efficiency technology, said a delay in orders would result in a loss of up to £0.3m in the year ending June 30th. The AIM-listed
Read moreThursday broker round-up UPDATE
29th May 2014 08:13
AMEC: Berenberg initiates with a target price of 1450p and a buy recommendation. Imagination Technology: UBS ups target price from 200p to 250p and maintains a buy recommendation. IMI: UBS raises target price from 1600p to 1700p upgrading from neutral to buy. John Wood Group: Berenberg initiates
Read moreSabien Technology shares fall on wider H1 losses
11th Feb 2014 11:17
Shares in Sabien Technology tumbled after it unveiled wider first-half losses and said more of its sales were likely to come in the second half. Sabien, which makes energy-saving control technology for commercial heating systems, made a pre-tax loss of £245,000 in the six months to December 31st ag
Read moreTuesday broker round-up UPDATE
11th Feb 2014 09:41
Bellway: Jefferies takes target price from 2085p to 2186p and stays with its buy recommendation. BT Group: Jefferies shifts target price from 435p to 440p and keeps a buy recommendation. Carnival: Jefferies ups target price from 2000p to 2050p, while downgrading to underperform. Deutsche Bank rais
Read moreUK shale gas firm IGas climbs as CEO indicates confidence
16th Jan 2014 16:19
IGas Energy, a British onshore oil and gas explorer and developer, was one of the top risers on AIM on Thursday as Chief Executive Andrew Austin dipped into the market. Austin shelled out £0.4m on 300,000 shares at 135.38p, even though the shares are trading around all-time highs. The purchase in
Read moreSabien receives new orders for M2G technology
7th Jun 2013 08:48
Sabien Technology Group's shares advanced Friday after the company announced it received further orders for its boiler energy efficiency technology M2G. The company received the orders, worth £211,743, to install M2G across the Ministry of Defence (MoD) South East Regional Prime Contract managed by
Read moreSabien Technology wins new order for M2G installation
28th May 2013 07:52
Sabien Technology Group, which manufactures and supplies M2G, a boiler energy efficiency technology, has won a new order to install M2G across the Ministry of Defence (MoD) south east regional prime contract, which is managed by PriDE, a joint venture between Interserve Defence and SSE Contracting.
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