Sabien’s profits up 63% in half year results

Investor news

Published: 16 February

Author: Alan O'Brien

Type: Investor news

Year: 2012

Sabien Technology has announced its interim results for the six month period to 31st December 2011, showing a 63% increase in pre-tax profits and sales up by 32%. New orders of over £1.5m have already been received in the first six months of the current financial year, £354,000 since 1st January 2012.

Sales from indirect partners such as facilities management and M&E companies have also increased by 21% compared to the same period last year.

“The increasing demand for our M2G boiler load optimisers reinforces the significant role it plays in reducing organisations energy consumption and carbon emissions,” observed Sabien CEO Alan O’Brien. “Our strength lies in our technical and operational "know how" and expertise in delivering multi-site nationwide project management of M2G installations, where realisation of savings benefits is vital to success,” he added.

Sabien’s business comes from both the public and private sectors, clients include BT, Lincolnshire County Council, DECC, CLG, Aviva, Vodafone and Defra. Indirect partners include, G4S, Vinci FM, Norland Managed Services and SSE Contracting.

To download our 2011 - 2012 interim statement please click here