French industrial battery manufacturer Saft has seen growth in sales of its speciality products for the energy industry in Q1 of 2014.
Sales of Li-ion batteries totalled €61.1 million (US$84.78 million), a year on year increase of 5.2 per cent at constant exchange rates.
The company reports strong demand in the European market particularly from metering customers, and from the Chinese market.
John Searle, chairman of the management board at Saft, commented: “Our sales of Li-ion batteries grew very strongly from the prior year and we see an increasing number of opportunities for developing our business with these products.”
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