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MarketScreener Homepage  >  Equities  >  KOREA EXCHANGE  >  Hyundai Hcn Co Ltd    126560   KR7126560002

HYUNDAI HCN CO LTD

(126560)
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Hyundai Hcn : to unveil all-new Palisade & Sonata

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05/20/2019 | 04:54am EDT

Doha: Hyundai will confirm details of two new products available to Middle East and Africa markets, with the region included in plans for a new-generation Sonata sedan and an all-new SUV model, the Palisade.

The Palisade is an all-new flagship SUV. It will be a mid-size SUV, but at the more spacious and powerful end of its segment – longer, wider and taller than the newest Santa Fe which went on sale last year.

The Palisade will be available on June 17 at Skyline Automotive Showroom – the official distribution partner of the Hyundai Motor Company in the State of Qatar. The Sonata on the other hand is the eight generation of Hyundai’s long-running and extremely popular mid-size sedan.

The new models feature bold design and benefit from the latest technical innovations. Available features include convenience technology, such as wireless smartphone charging and advanced levels of connectivity, large touch-screen displays, and head-up display to show essential information on the windscreen — immediately in the driver’s view without glancing away from the road.

They also offer a wide range of cutting-edge safety technology, with a selection of advanced driver assistance systems packaged as Hyundai SmartSense.

“The Sonata has a long and successful history in our region, and consistently ranks among the most popular models in its segment, so we have high expectations for this latest model,” said Mike Song,

Hyundai’s Head of Operations for the Middle East and Africa. He said that it offers premium design with sporty, coupe-like styling, combined with exceptional quality and outstanding value in the market.

“The Palisade offers the same high standards, while extending our range into new market segments, offering a larger family SUV as a flagship product. This will reach out to new customers for our brand, and also serve the changing needs of loyal Hyundai owners,” said Song.

Hyundai previewed the Palisade for the first time at the Los Angeles Auto Show last November, while the Sonata was presented publicly in March. An official hands-on launch of the Middle East and Africa versions will take place in South Korea, ahead of deliveries to the region during the summer.

(c) 2019 Dar Al Sharq Press, Printing & Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (KRW)
Sales 2019 299 B
EBIT 2019 50,2 B
Net income 2019 43,8 B
Finance 2019 351 B
Yield 2019 1,58%
P/E ratio 2019 10,29
P/E ratio 2020 9,75
EV / Sales 2019 0,34x
EV / Sales 2020 0,19x
Capitalization 453 B
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 5 600  KRW
Spread / Average Target 40%
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Managers
NameTitle
Jeong-Seok Yoo Chief Executive Officer & Director
Ho-Jin Chang Director
Yong-Pyo Gong Outside Director
Min-Hui Park Director
Dong-Su Kim Outside Director
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