Sabien reports major growth in profits
Quick-fix success — Sabien’s Alan O’Brien.
Sabien Technology Group, manufacturer of the M2G intelligent boiler optimiser, has reported an 18% increase in turnover for the year to 30 June and an increase in pre-tax profit of 32%. The M2G saves energy by preventing boilers firing to compensate for standing losses through the boiler casing and flue.
CEO Alan O’Brien attributes the growth to the demand for energy-management measures that provide an immediate cost saving with a fast return on investment.
The company also reports an increase in the number of M2G units sold through partners in the facilities, utilities and maintenance sectors. They include SSE Contracting, Babcock, EDF Energy, Interserve, Schneider Electric, John Laing, Conder M&E, Vinci Facilities and G4S.
