- Energy efficiency technology business Sabien Technology Group plc said it will report record first-half sales and orders and will be profitable at a post-tax level.

In an update for the six months to December 31, the company said it continues to see a strong order intake.

The order book for the year to date now stands at around £1.4m, with a strong pipeline of prospects for the next 12 months.

During 2010, Sabien said it made significant progress in converting interest for its energy efficiency products and services into concrete orders for the company's M2G technology.

'There is now a growing momentum in the energy efficiency market for products such as M2G from potential commercial customers who have investigated the alternatives and set out their energy efficiency strategy and who are now starting to take action to reduce their energy costs and carbon emissions.'

The board believed the company was in a strong position as customers focused on the benefits from M2G's low unit cost, level of carbon and cost savings and rapid payback.

Interim results are expected in the week beginning February 7.

The shares were up 2.75p at 32.25p.

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