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LION E-Mobility AG

DGAP-News: Preliminary annual result: TUEV SUED Battery Testing GmbH records best year in history


DGAP-News: LION E-Mobility AG / Key word(s): Preliminary Results/Joint Venture
Preliminary annual result: TUEV SUED Battery Testing GmbH records best year in
history

18.01.2016 / 08:00
The issuer is solely responsible for the content of this announcement.

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TUEV SUED Battery Testing GmbH, a successful joint venture of TUEV SUED and
LION, further expanded market shares in the business year 2015 and is able to
record the best year in its history:

Compared to the previous year, turnover increased by 45,3% to 4.301 TEUR
(Previous year: 2.961 TEUR).
Balance sheet total reduced by 7,7% from 8.435 TEUR to 7.782 TEUR, due to a
reduction of liabilities.
Annual profits rose from -270 TEUR to 637 TEUR.  EBITA increased from -230 TEUR
to 733 TEUR.  EBITDA grew by 238 % from 412 TEUR to 1.390 TEUR.

These figures are a result of a consistent implementation of the company's
growth strategy, which included the expansion test capacities for cell, module
and destructive tests and the finalized integration of our crash test center in
Oberpfaffenhofen. Furthermore several improvements were made, which lead to an
increase in capacity utilization. These measures resulted in a significant rise
in profitability and competitiveness which is clearly represented by TUEV SUED
Battery Testing GmbHs turnover and profit numbers. This solid base, the
excellent order situation and the markets dynamic development provide an ideal
start into the business year 2016. With its current orientation, TSBT can look
ahead with great optimism.

About LION E-Mobility AG
LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI, Reuters: LMIG.MU) is a Swiss
Holding with strategic investments in the e-mobility sector, particularly in the
field of electric energy storage as well as battery pack development and
management. The Company holds 100% of the German LION Smart GmbH, a development
and engineering company specialized on custom designed battery packs and
battery-management-systems. LION Smart GmbH further holds a 30% stake of the TÜV
SUED Battery Testing GmbH, a dynamically growing joint venture with the renowned
TÜV SUED AG. Members of the Board of Directors are: Dipl.-Ing. Daniel Quinger
(President of the Board), Dipl.-Ing. Tobias Mayer, Mr. Hany Magour, Dr. Isolde
Semm and Dipl.-Ing. (FH) Martin Specht. The Management of LION Smart GmbH
consists of Dipl.-Ing. Tobias Mayer and Mr. Walter Wimmer. The Managing Director
of the TÜV SUED Battery Testing GmbH is Dipl.-Wi.-Ing. (FH) Christian Theeck.
For more information please visit our homepage: www.lionemobility.com

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
Telephone: +49 (0)89 74567993

Email:  ir@lionemobility.de
http://www.lionemobility.de

LION E-Mobility AG
Poststrasse 6
6300 Zug
Switzerland

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18.01.2016  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.

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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
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429933  18.01.2016 

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