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

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SAFT : lithium batteries to power Sensile Technologies’ smart telemetry devices for oil and gas storage tanks

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01/29/2013 | 09:45am CEST
Saft lithium batteries to power Sensile Technologies' smart telemetry devices for oil and gas storage tanks

? Primary batteries based on Saft LS17500 primary lithium cells will power SENTS? sensing and telemetry solutions at remote oil and gas storage sites

? Long?life batteries will deliver reliable power for sensors up to 10 years

Paris, January 29, 2013 - Saft, the world's leading designer and manufacturer of advanced batteries for industry, has signed a contract with Sensile Technologies, the Swiss machine to machine (M2M) equipment specialist, to provide over 20,000 primary lithium batteries to power smart remote GSM telemetry and level?monitoring systems for oil and gas storage tanks.

The batteries, based on Saft LS17500 lithium?thionyl chloride (Li?SOCl2) cells, offer a service life of 7 to
10 years, making them ideal for Sensile Technologies' devices, which will be installed at remote
locations for customers who demand reliability and long life. The 7.2 V 3.6 Ah batteries will power the
latest generation SENTS? devices that measure liquid or gas tank levels, record the data and transfer it by SMS (short message service) or GPRS (general packet radio service) to a central monitoring system.
The SENTS systems provide customers with detailed knowledge of exactly how much liquid or gas is stored in their tanks, enabling them to offer improved service to their own customers, with the assurance that the tank will never run dry. They also benefit from optimised purchasing of fuel, gasoline, LPG, lubricants and other stored fluids.
The Saft LS series cells are designed for metering applications, where they have an extremely wide operating temperature range of ? 60 ?C to + 85 ?C, are leak?proof at up to + 130?C, and housed in corrosion?proof containers. The cells are stable and reliable with low self?discharge, enabling the SENTS? sensors to meet their specified operating life of 10 years with no need for battery replacement or other maintenance operations.
Sensile Technologies anticipates that the long?life SENTS? sensors will be popular with customers looking to optimise stocks and deliveries, reduce logistics costs and accurately monitor consumption levels. "The long life, safe and reliability of the Saft batteries means that maintenance and replacement costs are kept to a minimum, also benefitting the environment", said Jean?Marc Uehlinger, Sensile's Operational Director.

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, visit Saft at www.saftbatteries.com

N° 06-13 www.saftbatteries.com

About Sensile Technologies

Founded in 1999 and based in Morges, Switzerland, Sensile Technologies is a market leader in remote monitoring solutions for the oil & gas industry. Sensile Technologies supplies high?quality products ? all Swiss made and ATEX certified ? and dedicated service and support. Sensile' solution is currently installed on more than 40,000 tanks and meters, in over 42 countries on all continents. Sensile is active in Europe, Oceania, North America and Africa. For more information, visit Sensile at www.sensile.com

Press contact:

Jill Ledger, Saft Corporate Communications and Institutional Relations Director

Tel: +33 1 49 93 17 77, e?mail : jill.ledger@saftbatteries.com

Christelle Couty, Saft SBG Communication Manager,

Tel: + 33 5 45 90 37 55, e?mail: christelle.couty@saftbatteries.com

N° 06-13 www.saftbatteries.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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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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