Sabien 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
Read moreSmall caps round-up: Bankers IT, Asian Plant, D1 Oils
24th Jun 2010 13:06
Bankers IT says its net asset value per share was 448.7p as at 30 April, up 12.2% from the 399.9p on 31 October. The FTSE 100 rose 10.8% during that time. Profit before tax for the half-year to April increased to £61m from £18m a year ago and compares with £79.9m made in the year to October 2009. M
Read moreSabien Technology Wins Greenwich Borough Council Contract
24th Jun 2010 07:53
LONDON (Dow Jones)-- Sabien Technology Group PLC (SNT.LN), a manufacturer and supplier of M2G, an energy efficiency technology, said Thursday it has been awarded a contract worth GBP256,360 from Greenwich Borough Council to install M2G in 45 buildings. MAIN FACTS: -Company to install M2G in
Read moreSunday tips round-up: SDL, European Goldfields, Cluff Gold
21st Mar 2010 11:04
SDL is a real success story. Founded in 1992 by engineer turned entrepreneur Mark Lancaster, the group floated seven years later and is now a FTSE 250 business. In 2009, underlying profits before tax rose 17 per cent to £29m and the group acquired Shell, Ford and LG as clients. Brokers expect SDL
Read moreSabien losses widen as RBS orders dry up
28th Oct 2009 10:53
Sabien Technology, which makes energy saving devices for boilers and air-conditioning units, posted lower turnover and bigger losses in the year to June 30 after seeing orders from the beleaguered bank RBS all but disappear. Pre-tax losses for the year totalled £825,000, compared with £612,000 for
Read moreSmall caps round-up: Pantheon Leisure, ILX, Zamano...
23rd Sep 2009 09:01
Leisure firm Pantheon Leisure said its subsidiaries - The Elms Group Limited and Sport in Schools Ltd - are performing in line with our expectations. Pre-tax losses for the six months to June rose to £275,000 against £71,000 last year on revenue that rose to £601,000 against £548,500. E-learning so
Read moreSmall caps round-up: Sabien Technology, Petmin, Scotty...
7th Sep 2009 09:01
Shares in AIM-listed Sabien Technology rallied after the energy efficiency technology specialist entered into an alliance agreement for the supply of M2G with Balfour Beatty Workplace (BBW). 'The strategic tie up with BBW further demonstrates M2G's reputation as being the leading boiler optimisatio
Read moreSmall caps round-up: Zirax, Sabien Technology, Eredene Capital...
10th Aug 2009 09:56
Speciality chemical company Zirax said it has won the contract to supply 20,000 metric tonnes of calcium chloride based de-icers to Moscow City Council for its 2009/10 winter season. This particular contract, worth $4.0m, is principally comprised of Zirax's de-icing product IceMelt. It means Zirax
Read more