Contract win: Council based in Scotland - June 2018

Contract wins

Published: 07 June

Type: Contract wins

Year: 2018

Sabien Technology Group plc (AIM: SNT), the manufacturer and supplier of M1G and M2G commercial boiler energy efficiency technologies, is pleased to announce that it has been awarded a new contract, as principal contractor and supplier for the installation of its M2G product, of £151,683.The order will be recognised as sales revenue during Q1 of the financial year ending 30 June 2019.

The client, based in Scotland, awarded the contract after piloting M2G in its property estate in 2017/18.

Alan O'Brien, Chief Executive Officer of Sabien, said:

"This is a very pleasing new contract win for Sabien and an excellent demonstration of the quality of our M2G boiler control, scale of installation expertise and the project management that Sabien can bring to a contract of this type, utilising skills gathered from previous large-scale client M2G roll out programmes.