DGAP-News: LION E-Mobility AG: 658 % turnover increase in first six months of 2015 at LION E-Mobility AG subsidiary LION Smart GmbH
DGAP-News: LION E-Mobility AG / Key word(s): Half Year
Results/Development of Sales
LION E-Mobility AG: 658 % turnover increase in first six months of
2015 at LION E-Mobility AG subsidiary LION Smart GmbH
27.07.2015 / 08:00
---------------------------------------------------------------------
658 % turnover increase in first six months of 2015 at LION E-Mobility AG
subsidiary LION Smart GmbH
LION E-Mobility AG is proud to announce an 658% increase in turnover at its
subsidiary LION Smart GmbH in the first six months of 2015 compared to last
years period.
With sales revenues reaching 802 TEUR (H1 2014: 106 TEUR) the first half
year was successfully completed with an operating result of +90 TEUR
(Previous year: -104 TEUR). Corporate earnings thereby rose from -106 TEUR
to +89 TEUR. Considering the currently pleasant order situation further
rises in turnover are to be expected in the second half of the current
business year. Due to these positive developments the prospected doubling
of turnover in 2015 is very likely to be surpassed.
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, 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
Email: ir@lionemobility.dehttp://www.lionemobility.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
Schweiz
---------------------------------------------------------------------
27.07.2015 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: Regulated Unofficial Market in Hamburg, Munich; Open
Market in Frankfurt
End of News DGAP News-Service
---------------------------------------------------------------------
380943 27.07.2015