AGM Statement & Trading Update
Sabien Technology Group Plc reported a strong commercial performance for its M2G boiler optimisation business between July 1 and November 30, 2025, with new orders increasing 73% to £465,219 and recognised sales rising 74% to £388,831 compared to the prior year. The company has a confirmed order book of £220,683 for fulfilment in late 2026 and early 2027, plus £37,811 in expected cloud service renewals, and has secured an additional £50,568 in new orders since December 1, 2025. Sabien also highlighted its integral role in City Oil Field's global expansion plans following the Chairman's visit to their South Korean facility, expressing confidence in sustained revenue growth and strategic opportunities.
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Sabien (AIM: SNT), a provider of CO₂ and energy-reduction technologies with its core M2G intelligent boiler optimisation solution, today provides a unaudited trading update on the performance of its M2G boiler optimisation business line and its relationship with City Oil Field, Inc. ("COF") of the Republic of Korea, ahead of the Company's annual general meeting ("AGM") to be held later this morning.
Strong Commercial Performance and Continuing Momentum
For the period of 1 July 2025 to 30 November 2025, the M2G business delivered a materially improved commercial performance compared with the prior year. New orders for the period totalled £465,219. This represents a 73% increase on the £268,522 of new orders secured in the same period last year. Recognised M2G sales increased from £223,167 in the prior year-to-date to £388,831, an uplift of 74%, demonstrating the strength of customer demand and the operational throughput of the business. External M2G sales (excluding Parris Group stock) rose from £179,782 to £318,787, an increase of 77% year on year.
This performance reflects the growing adoption of M2G across large estates, enhanced channel engagement, and the increasing standardisation of M2G as a proven emissions-reduction solution.
Order Book Strength and Additional Wins Since Period-End
Sabien enters the second half of the current financial year ending 30 June 2026 with £220,683 in confirmed orders not yet invoiced, scheduled for fulfilment across late Q2 2026 and early Q3 2026, as well as £37,811 of Cloud service revenues that is expected to renew. These orders encompass cloud renewals and new M2G deployments across global FM partners, leading infrastructure operators, and the University Sector.
Since 1 December 2025, a further £50,568 of new orders have been secured for installations at a major aerospace manufacturer and a regional prison service, reinforcing the consistent and diversified demand for M2G in energy-intensive environments.
Chairman's Visit to COF Wave Korea
On 18 November 2025, Chairman Richard Parris attended the official opening of COF Wave's advanced waste plastic to sustainable oil recycling facility in Jeongeup, Republic of South Korea, as announced in the Company's 19 November announcement. A summary video of the ceremony can be viewed at:
▶ https://youtu.be/Qq7hFpZM3nQ
Richard Parris's keynote address is available here:
▶ https://youtu.be/gqILunpRxok
The leading role of Sabien during the opening ceremony highlights Sabien's central position within COF's international expansion plans.
Chairman's Comments Ahead of the AGM
Tactical - M2G Business
"Our tactical focus on expanding the M2G business is delivering tangible results. The 73% increase in new orders and 74% growth in recognised sales underline both the continuing relevance of M2G and the disciplined execution of our operational plan. M2G continues to prove its worth as a fast-to-deploy, cost-effective emissions-reduction measure, with adoption increasing across high-energy-use estates and the University Sector. Our innovative cloud dashboard provides immediate visibility of real time energy savings increasing customer confidence in the value of Sabien's technology."
Strategic - COF Partnership
"In parallel with this strong trading performance, our strategic collaboration with COF continues to broaden. My recent engagement in Korea showed clearly that Sabien is integral to COF's growing global ambitions. This relationship positions Sabien within a powerful, expanding ecosystem of next-generation clean technologies, and we expect it to contribute increasing long-term value to the Group."
Outlook
With strengthened commercial momentum, diversified sector penetration, further orders secured since the start of December 2025, and a deepening strategic partnership with COF, the Board remains confident in the Company's prospects for sustained revenue growth and broader strategic opportunity. A further update will be provided with the publication of Sabien's interim results for the six months ending 31 December 2025.
| For further information: Sabien Technology Group plc Richard Parris, Executive Chairman | +44 20 7993 3700 investors@sabien.com |
| Allenby Capital Limited (Nominated Adviser) John Depasquale / Nick Harriss / Vivek Bhardwaj | +44 203 328 5656 |
| AlbR Capital Limited (Broker) Duncan Vasey / Lucy Williams | +44 207 469 0930 |
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