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MarketScreener Homepage  >  Equities  >  Nyse  >  Snap-On    SNA

SNAP-ON

(SNA)
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Delayed Quote. Delayed Nyse - 04/18 04:00:10 pm
168.07 USD   +6.48%
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Snap On : Add Snap-on Diagnostic Thermal Imager Elite to Vehicle Pre-Check Routine

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02/11/2019 | 01:20pm EDT

NEWS RELEASE

For Immediate Release

For more information, contact:

Lynn Konsbruck 312-768-7362 lkonsbruck@maxmarketing.com

Add Snap-on Diagnostic Thermal Imager Elite to Vehicle Pre-Check Routine

LINCOLNSHIRE, Ill., Feb. 11, 2019 - A vehicle pre-check can help technicians spot hidden issues that need repair. By including the Snap-on® Diagnostic Thermal Imager Elite in their pre-check routine, automotive service professionals are able to detect vehicle faults that aren't visible to the naked eye, identify both functioning and non-functioning components easily, and diagnose the vehicle more quickly and accurately.

"We hear frequently from professional technicians that adding a pre-check with our Diagnostic Thermal Imager Elite has helped them make more informed diagnostic decisions and save time by avoiding concealed repair issues," said Helen Cox, senior marketing manager, Snap-on Diagnostics. "Using the Diagnostic Thermal Imager Elite together with a Snap-on diagnostic scanner improves productivity even further, allowing shops to efficiently diagnose and repair more vehicles and enhance customer communications."

The Diagnostic Thermal Imager Elite uses infrared technology to reveal heat caused by friction, electrical resistance, pressure changes and more to help professional technicians track down vehicle faults and find the fix faster, without having to hope or guess that the code was the right one after all.

It delivers detailed images composed of 4,800 distinct temperature zones, making extreme temperatures up to 840 degrees Fahrenheit visible with absolute precision anywhere under the hood or around the car. A fully loaded database of automotive applications, guided tests and reference images help technicians interpret results, putting a more accurate diagnosis and productivity in clear view, on every job.

When the Diagnostic Thermal Imager Elite is combined with Snap-on diagnostic scanner platforms that offer pre- and post-scan reports, including ZEUS™, Apollo D8, VERUS®, MODIS™, SOLUS and ETHOS® families, technicians now have a complete productivity solution.

The pre-scan code identification helps speed the diagnosis and repair, and when followed by a post-scan after work is finished, confirms all were completed properly. It gives the shop something to hand to their customer, showing them the issues found on the vehicle when it first arrived and how those have been resolved now, aiding customer satisfaction. Reports can be printed or emailed to customers as well as used to fulfill mandates by the manufacturers and many insurance companies for pre- and post-collision work.

To learn more information about how the Diagnostic Thermal Imager Elite can enhance the pre-check process, visit http://diagnostics.snapon.com or talk to a Snap-on franchisee or other Snap-on sales representative.

About Snap-on Diagnostics:

Snap-on Diagnostics is part of Snap-on Incorporated, a leading global innovator, manufacturer and marketer of tools, diagnostics and repair information and systems solutions for professional users performing critical tasks. Products are sold through the company's franchisee, company-direct distributor and Internet channels. Founded in 1920, Snap-on is headquartered in Kenosha, Wisconsin.

# # #

Snap-on Diagnostics, 420 Barclay Blvd. Lincolnshire, IL 60069

Disclaimer

Snap On Inc. published this content on 11 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 February 2019 18:19:04 UTC

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Financials ($)
Sales 2019 3 800 M
EBIT 2019 949 M
Net income 2019 691 M
Debt 2019 870 M
Yield 2019 2,24%
P/E ratio 2019 13,69
P/E ratio 2020 12,89
EV / Sales 2019 2,68x
EV / Sales 2020 2,56x
Capitalization 9 312 M
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Average target price 175 $
Spread / Average Target 4,1%
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NameTitle
Nicholas T. Pinchuk Chairman, President & Chief Executive Officer
Iain Boyd Vice President-Operations Development
Aldo J. Pagliari Chief Financial Officer & Senior VP-Finance
June C. Lemerand Chief Information Officer & Vice President
Karen L. Daniel Independent Director
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