Saft Groupe SA Reports Full Year 2006 Earnings
PARIS, March 15 /PRNewswire-FirstCall/ -- Saft, [Euronext Paris:
FR0010208165, SAFT] leader in the design, development and manufacture of
high-end batteries for industry and defence, announces its certified
results for the full year ended 31 December 2006.
Results highlights
- Full year 2006 sales of EUR 560.2m:
- Above original guidance of EUR 540m - EUR 550m and revised guidance
of EUR 550m + 1%
- Good growth in core businesses resulted in net sales fall of only EUR
7.1m (-1.3%) compared with full year 2005 (at constant perimeter and
constant exchange rates), despite c. EUR 35m fall in sales to the US Army.
- Achieved profitability guidance, despite headwind from nickel costs
(which more than doubled in 2006) and a very poor performance from RBS.
After adjusting for non-recurring items in both 2005 and 2006:
Full story
FR0010208165, SAFT] leader in the design, development and manufacture of
high-end batteries for industry and defence, announces its certified
results for the full year ended 31 December 2006.
Results highlights
- Full year 2006 sales of EUR 560.2m:
- Above original guidance of EUR 540m - EUR 550m and revised guidance
of EUR 550m + 1%
- Good growth in core businesses resulted in net sales fall of only EUR
7.1m (-1.3%) compared with full year 2005 (at constant perimeter and
constant exchange rates), despite c. EUR 35m fall in sales to the US Army.
- Achieved profitability guidance, despite headwind from nickel costs
(which more than doubled in 2006) and a very poor performance from RBS.
After adjusting for non-recurring items in both 2005 and 2006:
Full story
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