Sabien reports major growth in profits

06 August, 2012

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.

Related links:

More refrigerant bans possible, says government

The government could tighten up the rules that restrict the use of global warming refrigerant gases including speeding up phase-out programmes and introducing new bans, according to a spokesman from the Department for Environment, Food and Rural Affairs (DEFRA).

Baxi research suggests schools strongly support heat decarbonisation

A survey conducted by Baxi of 200 state school estates managers, consultant engineers and M&E contractors has found that while enthusiasm for Net Zero and support for low carbon heating systems in schools is thriving, persistent barriers remain.

Calendar

Submit event

Tweets by MBS_magazine

Sabien reports major growth in profits

Related links:

Related articles: