DGAP-News: LION E-Mobility AG: LION E-Mobility AG expects strong revenue growth in current fiscal year
DGAP-News: LION E-Mobility AG / Key word(s): Development of
Sales/Incoming Orders
LION E-Mobility AG: LION E-Mobility AG expects strong revenue growth
in current fiscal year
02.12.2014 / 08:00
---------------------------------------------------------------------
LION E-Mobility AG expects strong revenue growth in current fiscal year
The Swiss holding LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI) is pleased
to announce that due to orders received at its German subsidiary LION Smart
GmbH, a strong increase in revenues and profits of the Group is expected in
the current quarter 2014.
Positioned in the segments of consulting, prototyping, and battery system
development, the subsidiary LION Smart GmbH will use the liquidity increase
to accelerate the market entry of its open source battery management
product family. The positive outlook also enables to strengthen its
strategic position in the field of engineering services, and to promote the
development of its novel battery safety component.
About LION E-Mobility AG
LION E-Mobility (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
holding company with strategic investments in the e-mobility sector,
especially electrical energy storage (EES) and battery technology. The
corporation holds 100% of the German company LION Smart GmbH,
an engineering service provider focused on battery systems design and
development of an advanced Battery Management System. LION Smart GmbH holds
a significant share in TÜV SÜD Battery Testing GmbH, a joint-venture with
TÜV SÜD AG. The LION E-Mobility AG board of directors consists of the
chairman of the board, Mr. Dipl.-Ing. Daniel Quinger, and Mrs. Dr. Isolde
Semm, Mr. Dipl.-Ing. Tobias Mayer, and Mr. Dipl.-Ing. (FH) Martin Specht.
The management of LION Smart GmbH consists of Dipl.-Ing. Tobias Mayer and
Mr. Walter Wimmer. The General Manager of TÜV SÜD Battery Testing GmbH is
Mr. Dipl.-Wi.-Ing. (FH) Johannes Brey. For further information please visit
the LION E-Mobility AG website: www.lionemobility.de
Disclaimer
This presentation contains forward-looking statements that involve a number
of risks and uncertainties, including statements that relate to, among
other things, the Company's objectives, goals, strategies, intentions,
plans, beliefs, expectations and estimates, and can generally be identified
by the use of words such as "may", "will", "could", "should", "would",
"likely", "expect", "intend", "estimate", "anticipate", "believe", "plan",
"objective" and "continue" (or the negative thereof) and words and
expressions of similar import. Although the Company believes that the
expectations reflected in such forward-looking statements are reasonable,
such statements involve risks and uncertainties, and undue reliance should
not be placed on such statements. Certain material factors or assumptions
are applied in making forward-looking statements, and actual results may
differ materially from those expressed or implied in such statements.
Important factors that could cause actual results to differ materially from
expectations include but are not limited to: general business and economic
conditions (including but not limited to currency rates and
creditworthiness of customers); Company liquidity and capital resources,
including the availability of additional capital resources to fund its
activities; level of competition; changes in laws and regulations; legal
and regulatory proceedings; the ability to adapt products and services to
the changing market; the ability to attract and retain key executives; and
the ability to execute strategic plans. The Company does not undertake any
obligation to update publicly or to revise any of the forward-looking
statements contained in this presentation, whether as a result of new
information, future events or otherwise, except as required by law.
Investor Relations Contact:
Mr. Walter Wimmer
Phone: +49 (0)89 74567993
Mr. Hany Magour
+49 (0)89 32988662
Email: ir@lionemobility.dehttp://www.lionemobility.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
Schweiz
---------------------------------------------------------------------
02.12.2014 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
---------------------------------------------------------------------
Language: English
Company: LION E-Mobility AG
Poststraße 6
6300 Zug
Switzerland
Phone: +49 (0)89 74567993
Fax: +41 (0)41 500 54 12
E-mail: info@lionemobility.de
Internet: www.lionemobility.de
ISIN: CH0132594711, CH0132594711
WKN: A1JG3H , A1JG3H
Listed: Freiverkehr in Hamburg, München; Frankfurt in Open Market
End of News DGAP News-Service
---------------------------------------------------------------------
301415 02.12.2014