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    7201   SA1520CJGGH7

ARAB SEA INFORMATION SYSTEMS COMPANY

(7201)
End-of-day quote Saudi Arabian Stock Exchange  -  2022-09-25
75.30 SAR   +1.35%
08/18Arab Sea Information System Co. Announces the Approval of Its Board of Directors to Open A Branch for the Company in Arab Republic of Egypt
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08/15Arab Sea Information Systems Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
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06/28Renault teams up with Atos on data gathering, which Renault hopes will cut costs
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Renault teams up with Atos on data gathering, which Renault hopes will cut costs

06/28/2022 | 04:16am EDT
FILE PHOTO:  Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center, in Paris

PARIS (Reuters) - French carmaker Renault is teaming up with software company Atos, the companies said on Tuesday, to collect and analyse data in a "strategic collaboration" which Renault said would result in cost savings.

Renault and Atos said their data partnership would allow manufacturers to collect and structure data from industrial equipment at scale to improve operational excellence and product quality.

"Renault Group is already saving 80 million euros per year and aims to deploy this solution across the remainder of its 35 plants, connecting over 22,000 pieces of equipment, by 2023 to generate savings of 200 million euros ($211.5 million) per year," the company said. ($1 = 0.9455 euros)

(Reporting by Sudip Kar-Gupta, editing by Tassilo Hummel)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ARAB SEA INFORMATION SYSTEMS COMPANY 1.35% 75.3 End-of-day quote.-61.58%
ATOS SE 2.86% 7.49 Real-time Quote.-80.52%
MITSUBISHI MOTORS CORPORATION -4.43% 583 Delayed Quote.90.03%
RENAULT 1.10% 28.04 Real-time Quote.-9.20%
All news about ARAB SEA INFORMATION SYSTEMS COMPANY
08/18Arab Sea Information System Co. Announces the Approval of Its Board of Directors to Ope..
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08/15Arab Sea Information Systems Company Reports Earnings Results for the Second Quarter an..
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06/28Renault teams up with Atos on data gathering, which Renault hopes will cut costs
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05/17Arab Sea Information Systems Company Reports Earnings Results for the First Quarter End..
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04/07Arab Sea Information Systems Company Announces Update on Developments for Establishment..
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03/12Arab Sea Information Systems Company Reports Earnings Results for the Full Year Ended D..
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01/02Arab Sea Information System Co. Announces Update Related to Establish Arab Sea Financia..
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2021Arab Sea Information Systems Company Reports Earnings Results for the Third Quarter End..
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2021Arab Sea Information Systems Company(SASE:7201) add..
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2021Arab Sea Information Systems Company(SASE:7201) add..
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Financials
Sales 2021 57,5 M 15,3 M 15,3 M
Net income 2021 21,5 M 5,73 M 5,73 M
Net cash 2021 19,5 M 5,19 M 5,19 M
P/E ratio 2021 91,0x
Yield 2021 -
Capitalization 753 M 200 M 200 M
EV / Sales 2020 35,3x
EV / Sales 2021 33,8x
Nbr of Employees -
Free-Float 72,4%
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Managers and Directors
Haitham Mohammed Saleh Al-Suhaibani Chief Executive Officer & Executive Director
Ahmed Taha Faiyadh Chief Financial Officer
Mohammed Saleh Mohammed Al-Suhaibani Chairman
Abdullah Mohammed Nasser Al-Hawas Independent Director
Ahmad Sulaiman Mohammad Al-Jasser Independent Director
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