Last €25.28 EUR
Change Today +0.38 / 1.53%
Volume 23.1K
SAFT On Other Exchanges
Symbol
Exchange
EN Paris
OTC US
OTC US
Frankfurt
As of 9:21 AM 10/22/14 All times are local (Market data is delayed by at least 15 minutes).

saft groupe sa (SAFT) Snapshot

Open
€25.11
Previous Close
€24.90
Day High
€25.41
Day Low
€25.00
52 Week High
07/3/14 - €29.64
52 Week Low
11/13/13 - €21.90
Market Cap
665.4M
Average Volume 10 Days
56.5K
EPS TTM
€1.84
Shares Outstanding
26.3M
EX-Date
05/19/14
P/E TM
13.7x
Dividend
€0.78
Dividend Yield
3.08%
Current Stock Chart for SAFT GROUPE SA (SAFT)

Related News

No related news articles were found.

saft groupe sa (SAFT) Related Businessweek News

No Related Businessweek News Found

saft groupe sa (SAFT) Details

Saft Groupe S.A. designs, develops, manufactures, and sells non rechargeable and rechargeable batteries for industrial and defense applications. The company’s Specialty Battery Group segment manufactures primary and rechargeable batteries for applications, including water, gas and electricity utility meters, automated meter readers and road tolling systems, computer memory back-up systems, satellites, radios and other portable systems for military use, missiles, and torpedoes. Its Industrial Battery Group segment manufactures rechargeable batteries used for standby power supplies for industrial applications, telecommunications networks, vehicles, and the aviation and rail industries, as well as the storage of renewable energies. The company offers its products to original equipment manufacturers, distributors, and final end users. Saft Groupe S.A. has operations in Europe, North America, Asia, Oceania, the Middle East, Africa, and South America. The company was founded in 1918 and is headquartered in Bagnolet, France.

3,856 Employees
Last Reported Date: 02/17/14
Founded in 1918

saft groupe sa (SAFT) Top Compensated Officers

Interim Chairman of the of Management Board a...
Total Annual Compensation: €311.1K
Member of the Management Board, General Manag...
Total Annual Compensation: €298.2K
Member of the Management Board, Managing Dire...
Total Annual Compensation: €296.9K
Corporate Communication and Institutional Dir...
Total Annual Compensation: €167.4K
Compensation as of Fiscal Year 2013.

saft groupe sa (SAFT) Key Developments

Saft Announces New Intensium Max Containerized Battery System

Saft announced Intensium Max containerized Li-ion battery system, with an upgraded 3,000A current capability that delivers 1.8MW power capability in a 20 foot container. The upgraded Intensium Max 20P High Power (IM 20P) is ideally suited to address the ramp rate challenges of renewable energy resources, especially large scale solar photovoltaic (PV) installations, by ensuring the safe, controlled ramp-down of output essential to maintain grid stability. The increasing penetration of large scale PV installations presents a significant challenge for the power grids they feed as their power output can exhibit severe and rapid fluctuations or 'ramping'. For example, cloud cover can cause a 70 to 80% fall in output in only one minute. In weak or islanded grids this rapid drop can cause instability, especially if the frequency fluctuates beyond acceptable limits. Without suitable measures to meet minimal technical requirements (MTRs) for grid connection, PV installations can be subjected to curtailment, which prevents them contributing their full output capacity to the grid. Energy storage systems offer the proven capability to address ramping issues by providing the power support needed for a smooth and controlled ramp-down of PV output, allowing voltage and frequency stability to be maintained. A typical MTR might call for a controlled reduction in output of 10% a minute, so that a rapid 70% loss of output is rendered over 7 minutes. Saft has focused on further increasing the high power capability of its Intensium Max ready-to-install containerized solution that provides a complete, fully integrated battery system comprising Li-ion battery modules, power management and control interfaces, air conditioning and safety devices. Saft has increased the peak current capability of the IM 20P to 3,000 A - a current level believed to be twice that of competing systems of similar size. This provides a usable peak power output of 1.8 MW available for several minutes within the footprint of a 20 foot container, while meeting the frequent charge and discharge cycling profile typical of dynamic grid support applications. The power increase has been achieved by extensive upgrading and redesign of the overall thermal management and heat dissipation measures at the battery module level, supporting the higher current rating while ensuring total safety and reliability over a service life of up to 20 years. The key customer benefit of the IM 20P is that it offers high peak power without the need to increase the energy capability (MWh) and consequent size of the installation. The result is a very competitive solution that enables Saft to meet the application's required power profile within a smaller footprint and volume. The 3,000 A version of the IM 20P is fully engineered and will be delivered in the near future for an active project.

Saft Receives Contract to Deliver Third Li-ion ESS in California

Saft Groupe S.A. has received a contract to deliver third lithium-ion energy storage system, or Li-ion ESS, to a California utility. The lithium-ion energy storage systems will be used to mitigate power fluctuations inherent with solar-generated electricity. Also rated at 1MW/3MWh, Saft's third ESS delivery will be used at an urban educational facility. Saft's ESS will moderate the effects of shade on the rooftop solar power system by shifting energy and buffering during intermittent sunlight.

Saft Announces Management Changes

The members of the supervisory board and the management board of the Saft group announced the sudden passing away of John Searle, Chairman of company's management board on September 24, 2014. The senior management team put in place by John Searle will continue the strategy that he began. Brunos Dathis, CFO of the Group since 2008 will take on the role of chairman of the management board in the interim period, as proposed by the Supervisory Board.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SAFT:FP €25.28 EUR +0.38

SAFT Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Altair Nanotechnologies Inc $1.31 USD 0.00
Beacon Power Corp $0.02 USD 0.00
EnerSys $57.00 USD +0.04
Fiamma Holdings BHD 2.06 MYR -0.07
Greatbatch Inc $46.71 USD -0.2399
View Industry Companies
 

Industry Analysis

SAFT

Industry Average

Valuation SAFT Industry Range
Price/Earnings 12.7x
Price/Sales 0.9x
Price/Book 1.4x
Price/Cash Flow 12.9x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SAFT GROUPE SA, please visit www.saftbatteries.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.