Sabien 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.
Read moreSabien Technology rises on Fireye distribution agreement
26th Mar 2013 11:48
Shares in AIM-listed boiler energy efficiency technology manufacturer Sabien Technology advanced as the group signed a non-exclusive distribution agreement with flame safeguard controls manufacturer Fireye, for the supply of its UL-approved M2G boiler optimisation controller. M2G improves the energ
Read moreWednesday broker round-up UPDATE
13th Feb 2013 07:47
API Group: Numis shifts target price from 70p to 67p downgrading to hold. Barclays: Morgan Stanley raises target price from 386p to 400p keeping an overweight rating. Credit Suisse increases target price from 250p to 290p, while leaving its neutral rating unchanged. JP Morgan ups target price from
Read moreSabien on the boil
7th Feb 2012 13:48
Sales, profits and the order book are all heating up nicely at energy saving device developer Sabien Technology. The company saw a 63% hike in profit before tax during the six months ended December 31st to £0.3m from £0.19m the year before. Revenue rose to £1.5m from £1.1m the previous year. The
Read moreSabien Technology move back into the black
3rd Oct 2011 13:04
Energy saving device developer Sabien Technology saw its pre-tax profit move back into the black after revenue more than doubled for the year ended 30 June. Income rose from £0.97m to £2.1m, leading to profit before tax of £0.2m, up from a loss of £0.5m the previous year. Despite this rise, earnin
Read moreSabien's sales surge
7th Feb 2011 14:57
Energy daving device developer Sabien Technology bounced into the black at the interim stage and has got off to a good start to the second half of the year. Profit before tax in the six months to 31 December was £0.19m, versus a loss of £0.34m the year before. Revenue stormed ahead to £1.13m from £
Read moreSmall caps round-up: Sabien Tech, Worthington, VANE...
29th Oct 2010 15:25
Sabien Technology has reported a 44% increase in yearly revenue to £0.97m from £0.68m previously. For the year ended 30 June, pre-tax loss more than halved to £0.34m from £0.83m. The group, engaged in the manufacture and sale of energy-saving devices for boilers and air conditioning, is expected to
Read moreSmall caps round-up: Vectura, Norseman, Sabien
6th Aug 2010 11:16
Vectura is at its highest since mid- March after GlaxoSmithKline agreed a £20m deal to license some of the inhaled therapies developer's formulation patents. Glaxo will pay Vectura £10m in September and £10m by the time two of the compounds are launched. It will also receive royalties worth up to £
Read moreSabien Technology: Greenwich Contract Standstill Ends
5th Jul 2010 07:32
LONDON (Dow Jones)--Sabien Technology Group PLC (SNT.LN), a designer and manufacturer of an energy saving product, said Monday the standstill period on its contract for GBP256,360 with Greenwich Borough Council has now ended and the program of works will commence immediately. MAIN FACTS: -It
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