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Sabien Technology
- BY: Andrew Hore |
- POSTED: 08/07/2013 |
Energy efficiency technology provider Sabien Technology is on course to report a profit of £400,000 in the year to June 2013.
This represents a swing from a loss in the first half. Revenues were flat at £2.5m last year. This includes £700,000 from a £1.2m order from SSE Contracting. The other £500,000 will be recognised this year. Sales generated by partners increased from 43% to 90% of revenues. Sabien continues to gain new orders and investment has been made in sales resource.
Full year figures will be announced on 1 October.
At 26.5p a share, Sabien is valued at £8.34m.
Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFJune2013_45.pdf
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