StockMarketWire.com - Sabien Technology has swung to a FY pretax loss of £0.3m, from a profit of £0.4m. Revenue was £2.1m, from £2.5m.

Highlights:

· Sales from Alliance Partners £1.01m (2013: £2.02m)

· Overseas sales £188k (2013: £85k)

· Non-exclusive distribution agreements signed with Tech Centres in China, Greece, Middle East, India, Italy, France, Germany, Belgium, Netherlands and South Africa

· Net cash balance at 30 June 2014 was £1.42m (2013: £1.36m)

· Sales pipeline of £5.8m at 30 June 2014 (2013: £4.6m)


At 9:00am: [LON:SNT] Sabien Technology Group PLC share price was +0.5p at 19p



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