Sabien Technology Group PLC - London-based provider of energy reduction technologies - Secures new orders totalling £186,243 from seven new customers signed in January. Notes the new orders have all been secured in the last three weeks, representing 26% of the firm’s total revenue for the year ended June 30 2024. Adds that 87% of the new revenue was achieved through its partnership with CBRE Group Inc, and says end customers include a major pharmaceutical company, a large European bank, a global power technology provider, a London university, a healthcare manufacturer and a German performance car producer.
Executive Chair Richard Parris says: ‘At around the halfway point of the current financial year I am delighted to see our month-on-month sales run-rate rapidly accelerating through our recent partner engagement program. At the current monthly run rate and given our strong sales pipeline we expect to exceed last year’s sales performance by the year-end’.
Current stock price: 10.03 pence, down 8.8% on Monday afternoon in London
12-month change: up 18%
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