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4-Traders Homepage  >  Equities  >  Euronext Paris  >  Saft Groupe    SAFT   FR0010208165

Delayed Quote. Delayed  - 07/25 05:35:14 pm
36.52 EUR   -0.11%
07/06 SAFT GROUPE : Information on the total number of voting rights and s..
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SAFT : Rechargeable lithium-ion cells Enhance Alta Industrial Automation Ltd.’s Wireless M2M Solutions

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04/18/2012 | 06:52pm CEST
Saft Rechargeable lithium?ion cells Enhance Alta Industrial Automation Ltd.'s Wireless M2M Solutions

Two companies also to present demonstration of system at Offshore Technology Conference

VALDESE, North Carolina, April 18, 2012 ? Saft, the world's leading designer and manufacturer of high?tech industrial batteries, today announces cooperation with Alta Industrial Automation Ltd. ("AIA") an innovator of wireless solutions. AIA is utilizing a Saft rechargeable lithium?ion battery in their Solar Battery product line for Class 1 Div 2 hazardous environments and extreme temperature operation. AIA's Solar Battery solutions provide power, data acquisition and wireless internet communication to simplify installation, maintenance and support of remote hazardous environment sensors.

"Our solar system, combined with the Saft rechargeable lithium?ion battery, allows AIA customers to achieve end?to?end monitoring and control of their fixed or mobile assets in extreme climatic conditions," said Gary Allbee, president, AIA. "Our customers can now quickly and conveniently connect their assets online to the internet and perform operational updates through our eTrackDataTM server solution."
"With the AIA Solar Battery installed, we have substantial operating cost savings, and we no longer deal with battery exchange and disposal. More importantly, in the most harsh low temperature conditions, our data collection and process is more reliable with the Solar Battery as our primary power source," reported Peter A. Hebert, Corrosion Technologist with Taqa North Ltd.
During the week of April 30, 2012, the two companies plan to partner for a demonstration of the solar battery system at the Offshore Technology Conference to be held in Houston.
"This program extends Saft's experience in providing intrinsically safe, high?performance batteries for the oil and gas industry," said Thomas Alcide, general manager of Saft's Specialty Battery Group and president, Saft America Inc. "We are excited to be able to demonstrate our innovative power solution with AIA at a high?profile industry event."
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N° 18-12

www.saftbatteries.com www.aialtd.com About Saft

Saft (Euronext: Saft) is a world leader in the design and manufacture of advanced technology batteries for industry. The Group is the world's leading manufacturer of nickel batteries and primary lithium batteries for the industrial infrastructure and processes, transportation, civil and military electronics markets. Saft is the world leader in space and defence batteries with its Li?ion technologies which are also being deployed in the energy storage, transportation and telecommunication markets. Saft's 4,000 employees present in 19 countries, its 16 manufacturing sites and extensive sales network all contribute to accelerating the Group's growth for the future.

For more information about Saft, visit: http://www.saftbatteries.com .

About AIA

Since 1991, AIA has supplied custom electronics and automation solutions to agriculture, mining, manufacturing, environmental monitoring and oil & gas industries. Since 2003, AIA has designed and manufactured wireless data communication products for intelligent device networking. AIA's wireless data products deliver complete M2M solutions that provide exceptional value through innovative engineering, reliability and ease of use.

For more information about the solar battery, please visit:

http://aialtd.com/index.php?option=com_product&id=1&cid=7
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Saft Press Contacts:

Jill Ledger, Saft Corporate Communications and Institutional Relations Director
Tel.: +33 1 49 93 17 77, e?mail: jill.ledger@saftbatteries.com
U.S. Press contact: Carrie Stewart, French/West/Vaughan
Tel.: 919?277?1159, e?mail: cstewart@fwv?us.com

AIA Press Contacts:

Kevin Blanchette, Manager, Business Development, Alta Industrial Automation
Tel.: 403?607?1156, kevinblanchette@shaw.ca

N° 18-12

www.saftbatteries.com www.aialtd.com
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Financials (€)
Sales 2016 782 M
EBIT 2016 80,0 M
Net income 2016 52,0 M
Debt 2016 38,0 M
Yield 2016 2,54%
P/E ratio 2016 17,74
P/E ratio 2017 15,14
EV / Sales 2016 1,26x
EV / Sales 2017 1,17x
Capitalization 944 M
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Mean consensus HOLD
Number of Analysts 5
Average target price 36,6 €
Spread / Average Target -0,00%
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NameTitle
Ghislain Lescuyer Chairman-Management Board
Yann Duchesne Chairman-Supervisory Board
Michel Delville Chief Financial Officer
Kamen Nechev Chief Technology Officer
Jean-Marc Daillance Vice Chairman-Supervisory Board
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