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Last €34.92 EUR
Change Today -0.80 / -2.24%
Volume 48.6K
SAFT On Other Exchanges
EN Paris
As of 11:35 AM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

saft groupe sa (SAFT) Snapshot

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04/29/15 - €37.68
52 Week Low
10/27/14 - €21.90
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saft groupe sa (SAFT) Details

Saft Groupe S.A. designs, develops, manufactures, and sells non rechargeable and rechargeable batteries in Europe, North America, Asia/Oceania, the Middle East, Africa, and South America. The company’s Specialty Battery Group segment manufactures primary and rechargeable batteries for various 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 as standby power supplies for industrial applications and telecommunications networks, and in aviation and rail industries, as well as the storage of renewable energies. The company offers its products to original equipment manufacturers, distributors, and end users. It serves the aviation, oil and gas, defense, professional electronics, energy storage and renewables, railways, industrial standby, space, marine, telecom, medical, utility metering, motive power, and vehicle markets. The company was founded in 1918 and is headquartered in Bagnolet, France.

4,078 Employees
Last Reported Date: 02/18/15
Founded in 1918

saft groupe sa (SAFT) Top Compensated Officers

Group Financial Director
Total Annual Compensation: €452.5K
Member of The Management Board, Chief Executi...
Total Annual Compensation: €374.4K
Corporate Communication & Institutional Relat...
Total Annual Compensation: €195.5K
General Manager of the IBG Division and Memb...
Total Annual Compensation: €372.5K
Director of Lithium-Ion Operations and Member...
Total Annual Compensation: €284.7K
Compensation as of Fiscal Year 2014.

saft groupe sa (SAFT) Key Developments

Saft Groupe Announces Executive Changes

Saft Groupe announced that on the recommendation of its remuneration and appointments committee, during its meeting held on March 13th 2015, the supervisory board co-opted Mrs. Marie-Claire Daveu to replace Mr. Ghislain Lescuyer, who has been appointed as chairman of the company's management board from May 4th 2015. The ratification of Mrs. Marie-Claire Daveu's nomination will be submitted to the vote of the annual general meeting of the company's shareholders on May 12th 2015. After a career as a senior civil servant in the field of agriculture and the environment, Marie-Claire Daveu occupied the post of Technical Adviser to the Cabinet of Prime minister Jean-Pierre Raffarin, then became Chief of Staff to Serge Lepeltier, Minister of Ecology and sustainable development in 2004.

Saft Groupe S.A. Reports Sales Results for the First Quarter of 2015; Provides Earnings Guidance for the Year 2015

Saft Groupe S.A. reported sales results for the first quarter of 2015. For the quarter, the company reported total sales of EUR 181.3 million against EUR 154.3 million a year ago. For the full year, the company expects sales growth of over 5% at constant exchange rates and EBIDTA margin of at least 15.8%.

Saft Receives New €7 Million Order from Reliance Jio Infocomm Limited

Saft has received another multi-million euro order from Reliance Jio Infocomm Limited (RJIL) for the supply of its Evolion® lithium-ion (Li-ion) battery systems, to support the next phase in India’s 4G/LTE (Long Term Evolution) roll-out programme. This new order builds on the success of past orders placed in 2013 and 2014 by RJIL for Saft’s Evolion systems, for an amount of €50 million. These batteries have now been rolled out in more than 16,000 4G/LTE Base Transceiver Station (BTS) sites across India, where they provide backup power in case of interruption of the main power supply, guaranteeing total continuity and availability of RJIL’s mobile network. In addition, Evolion® is also around half the size and only one quarter of the weight of a conventional telecom battery, freeing up space and making it easier and safer for operators to transport, handle and install. To support the intensive deployment of the Evolion® battery systems, Saft is also providing a dedicated service for RJIL for life cycle support across the entire installed base. Deliveries are scheduled to take place during the second quarter of 2015.


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