Saft Groupe SA Reports Fourth Quarter and Full Year 2007 Sal(3)
The new JC-S production line at Saft''s RBS site in Nersac, France was officially opened on 31st January 2008, in the presence of 7 major car manufacturers. This is the production line which will be used to manufacture the batteries for the Mercedes S-Class Hybrid 400, and for the third new contract listed in the paragraph above.
Saft will provide guidance for 2008 at the time of its 2007 earnings release on 13th March 2008. Financial calendar 2008 2007 Earnings release 13 March 2008 2008 Q1 turnover 6 May 2008 2008 Q2 turnover 24 July 2008 2008 Half year turnover 2008 Half year earnings 28 August 2008 2008 Q3 turnover 6 November 2008
Important Legal Information and Cautionary Statements
Certain statements contained herein are forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans, objectives or results of operation. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause actual results and Saft''s plans and objectives to differ materially from those expressed or implied in the forward looking statements.
About Saft
Saft (Euronext: SAFT) is a world specialist in the design and manufacture of high-tech batteries for industry. Saft batteries are used in high performance applications such as industrial infrastructure and processes, transportation, space and defence. Saft is the world''s leading manufacturer of nickel-cadmium batteries for industrial applications and of primary lithium batteries for a wide range of end markets. The group is also the European leader for specialised advanced technologies for the defence and space industries. With approximately 3,900 employees worldwide, Saft is present in 18 countries. Its 16 manufacturing sites and extensive sales network enable the group to serve its customers worldwide. For more information, visit Saft at
(1)EBITDA defined as net income from operations, before depreciation, amortisation, restructuring costs and other income and expenses.
(2)EBIT defined as net income from operations, before restructuring costs and other income and expenses.
Source: Saft