IN BRIEF: Sabien Technology hails sales revenue in first 10 weeks
Sabien Technology Group PLC - London-based provider of energy reduction technologies - Says in the first 10 weeks of the new financial year that started on July 1, recognised sales revenue from M2G activities is £273,650. Open orders expected to be invoiced within the first financial half are £170,941. Executive Chair Richard Parris says: ‘I believe this strong start to the new financial year shows our strategy for turn around and growth is bearing fruit. At the 20% point through the year, we have already secured in excess of 50% of the previous full years’ sales revenue through a combination of enhanced channel sales and cloud service subscriptions.’
Current stock price: 6.00 pence each, down 4.00% on Friday morning in London
12-month change: down 27%
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