Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Singapore
  4. Singapore Stock Exchange
  5. SATS Ltd.
  6. News
  7. Summary
    S58   SG1I52882764

SATS LTD.

(S58)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

SATS : and DHL join forces to enhance digital integrated supply chain for airlines

09/12/2019 | 11:32pm EST

SATS AND DHL JOIN FORCES TO ENHANCE DIGITAL INTEGRATED SUPPLY CHAIN FOR AIRLINES

SATS Ltd. (SATS), Asia's leading food solutions and gateway services provider and DHL Supply Chain (DHL), the global market leader for contract logistics solutions, have signed a Memorandum of Understanding (MOU) to create turnkey solutions that enable airlines to optimise their supply chain for catering, merchandise and supplies across their flight networks.

Combining DHL's strengths in third party logistics (3PL) solutions with SATS' large scale culinary, procurement and last mile expertise, this new solution will help airlines to enhance the passenger experience with a wider range of authentic F&B offerings and amenities. The comprehensive integrated solution spans demand planning, menu customisation and planning, to supply chain consultancy and reverse logistics. With end-to-end visibility, airlines will be able to achieve higher consistency, better inventory management, reduced waste and greater customer insights.

Both companies have identified India, Singapore, Thailand, and Vietnam as the focus markets for the partnership.

"We have been providing a range of game-changing solutions to airlines across the globe, from inventory planning and forecasting using big data analytics to generating revenue from food waste. We are delighted to collaborate with SATS and look forward to launch new solutions that the airline industry hasn't seen," says Terry Ryan, Chief Executive Officer, DHL Supply Chain Asia Pacific.

Kerry Mok, Executive Vice President, Food Solutions, SATS shares "SATS is advancing its vision to feed and connect Asia through our digital integrated supply chain, which enables us to provide our customers with seamless end-to-end solutions for their evolving needs". He added, "Our partnership with DHL extends our global reach through reliable 3PL, allowing us to partner with airlines across their entire flight network".

- End -

Page 1 of 3

Media Contact:

DHL Asia Pacific & EEMEA

SATS

Corporate Communications and Responsibility

Public Affairs and Branding

Jenny Yeo / Fiona Teo

Charlene Sng

Tel: +65 6879 8332 / 6879 8333

Tel: +65 6541 8200

Email: apeemeamediarelations@dhl.com

Email: Charlene_SngHL@sats.com.sg

50 Years DHL

In 2019 DHL is celebrating 50 years since the company's founding by three entrepreneurs in San Francisco in 1969. DHL began as a disruptor to the traditional delivery industry, circumventing bureaucracy with an innovative new service to deliver documents by air overnight. Since then, DHL has grown into a globe-spanning family of DHL companies with about 380,000 employees in over 220 countries and territories that covers the entire spectrum of logistics and supply chain services. DHL's customer-centricity and can-do culture have fueled five decades of innovation - from the DHL 1000, one of the first word processing computers in the world, to using the purpose built StreetScooter, an environmentally friendly delivery vehicle powered by an electric drive and developed by Deutsche Post DHL Group. With the Mission 2050 commitment to reach zero group-wide emissions by 2050, DHL is continuing to be a trailblazer in the logistics industry.

DHL - Thelogistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e- commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 380,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as "The logistics company for the world".

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 61 billion euros in 2018.

Page 2 of 3

ABOUT SATS

SATS is Asia's leading provider of food solutions and gateway services. Our food solutions include airline catering as well as central kitchens for food service chains and institutions. Our comprehensive gateway services encompass airfreight handling, passenger services, ramp handling, baggage handling, aviation security services, aircraft interior and exterior cleaning, as well as cruise centre management.

SATS is present in over 60 locations and 13 countries across Asia Pacific and the Middle East. SATS has been listed on the Singapore Exchange since May 2000. For more information, please visit www.sats.com.sg.

Page 3 of 3

Disclaimer

SATS - Singapore Airport Terminal Services Ltd. published this content on 13 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2019 03:31:04 UTC


ę Publicnow 2019
All news about SATS LTD.
01/04Grab Names Alex Hungate Chief Operating Officer
MT
2021CHANGE - ANNOUNCEMENT OF APPOINTMENT : :Announcement of Appointment of Executive Director
PU
2021GENERAL ANNOUNCEMENT : :Changes to the Composition of the Board and the Board Executive Co..
PU
2021SATS Ltd. Announces Executive Changes
CI
2021GENERAL ANNOUNCEMENT : :sats clinches asia's best cruise terminal award
PU
2021Asian Travel Stocks Fall on Omicron Fears
DJ
2021SATS : wins nine awards for transforming human capital capability
PU
2021SATS Brand Accelerator Program FoodFlix Teams Up with Local Singaporean Brands
MT
2021SATS Ltd Takes Hawker Brands Regional
CI
2021SATS : wins SCA Corporate Excellence & Resilience Award
PU
More news
Analyst Recommendations on SATS LTD.
More recommendations
Financials
Sales 2022 1 222 M 908 M 908 M
Net income 2022 34,5 M 25,6 M 25,6 M
Net cash 2022 254 M 189 M 189 M
P/E ratio 2022 127x
Yield 2022 0,17%
Capitalization 4 443 M 3 298 M 3 300 M
EV / Sales 2022 3,43x
EV / Sales 2023 2,48x
Nbr of Employees 13 000
Free-Float 98,7%
Chart SATS LTD.
Duration : Period :
SATS Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SATS LTD.
Short TermMid-TermLong Term
TrendsBullishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Last Close Price 3,96 SGD
Average target price 4,71 SGD
Spread / Average Target 18,8%
EPS Revisions
Managers and Directors
Tee Heong Mok President, CEO & Executive Director
Kok Khong Seah Chief Financial Officer
Yiu Kiang Goh Non-Executive Chairman
Pak Kuan Kok Independent Non-Executive Director
Soo Nan Tan Independent Non-Executive Director