DGAP-Adhoc: Leclanché SA reports revenues of CHF 14.9 million in 2013
Leclanché SA / Key word(s): Final Results
15.01.2014 07:28
Release of an ad hoc announcement pursuant to Art. 53 KR
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Leclanché SA reports revenues of CHF 14.9 million in 2013
Yverdon-les-Bains, Switzerland, January 15, 2014 - Leclanché S.A. (SIX
Swiss Exchange: LECN), specialized in the production of large-format
lithium-ion cells and energy storage solutions, today announced that its
unaudited consolidated revenues were CHF 14.9 million, a decrease of 7.8%
compared to revenues of CHF 16.1 million in 2012. Leclanché's portable
business reached CHF 9.0 million, an increase of 2.6% over CHF 8.7 million
in 2012. Distribution business revenues were CHF 3.3 million, a decrease of
9.7% over CHF 3.7 million in 2012, while revenues from the stationary
business were CHF 2.6million, a decrease of 30.5% over CHF 3.7 million in
2012.
Revenues from the stationary business were mostly generated from grant
funded projects and are impacted by the timing of such projects. The
business is on target to launch the home storage product during the first
quarter 2014, in line with the previously announced Turnaround Plan.
The portable business had an exceptional year and continued its progress in
terms of revenues and profitability announced in the half year results. It
recently won a significant order in excess of CHF 1 million for delivery in
2014 for customised battery systems from a customer in the defence sector.
The distribution business had a difficult first half, which accounted for
the annual shortfall, but under new management has made good progress in
the second half with revenues slightly ahead in the second half compared
with the same period in 2012. The business also won a number of major
accounts in that period.
About Leclanché
Leclanché's strategy is to become one of the leading lithium-ion cell
producers and solution providers for energy storage systems in Europe. Its
strategic priorities are to develop and market energy storage products for
home, industrial markets and grid applications and to grow its existing
businesses of developing portable energy storage systems for military,
medical and industrial applications. It also includes providing a range of
professional energy storage systems to a diversified customer base. Through
participation in research consortia focusing on hybrid and E-mobility
applications, Leclanché is positioned to take advantage of new market
opportunities.
Through a unique, patented ceramic separator technology and focus on
lithium-titanate technology, Leclanché manufactures large-format
lithium-ion cells, optimized for safety and cycle-life, in a fully
automated production process. The newly installed production line will have
an annual capacity of one million cells or 76 MWh.
Leclanché was founded in 1909 in Yverdon-les-Bains. Through the integration
of a spin-off from the Fraunhofer-Gesellschaft in 2006, the company evolved
from a traditional battery manufacturer to become a leading developer and
manufacturer of lithium-ion cells in Europe. Leclanché currently employs
more than 100 staff and is listed on the SIX Swiss Exchange (LECN). The
company has its headquarters in Yverdon-les-Bains (Switzerland) and
production facilities in Willstätt (Germany).
www.leclanche.eu
Media contact:
Christophe Lamps, Dynamics Group S.A.: Telephone: +41 79 476 26 87,
cla@dynamicsgroup.ch
Disclaimer
This press release contains certain forward-looking statements relating to
Leclanché's business, which can be identified by terminology such as
'strategic', 'proposes', 'to introduce', 'will', 'planned', 'expected',
'commitment', 'expects', 'set', 'preparing', 'plans', 'estimates', 'aims',
'would', 'potential', 'awaiting', 'estimated', 'proposal', or similar
expressions, or by expressed or implied discussions regarding the ramp up
of Leclanché's production capacity, potential applications for existing
products, or regarding potential future revenues from any such products, or
potential future sales or earnings of Leclanché or any of its business
units. You should not place undue reliance on these statements. Such
forward-looking statements reflect the current views of Leclanché regarding
future events, and involve known and unknown risks, uncertainties and other
factors that may cause actual results to be materially different from any
future results, performance or achievements expressed or implied by such
statements. There can be no guarantee that Leclanché's products will
achieve any particular revenue levels. Nor can there be any guarantee that
Leclanché, or any of the business units, will achieve any particular
financial results.
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Language: English
Company: Leclanché SA
Av. des Sports 42
1400 Yverdon-les-Bains
Switzerland
Phone: +41 (24) 424 65-00
Fax: +41 (24) 424 65-20
E-mail: investors@leclanche.com
Internet: www.leclanche.com
ISIN: CH0110303119, CH0016271550
Valor: A1CUUB, 812950
Listed: SIX
End of Announcement EQS Group News-Service
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