07.02.2018 – 11:26

LION E-Mobility AG

DGAP-Adhoc: LION E-Mobility AG: Preliminary IFRS Annual Figures for TUEV SUED Battery Testing GmbH

DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Preliminary Results/Development
of Sales
LION E-Mobility AG: Preliminary IFRS Annual Figures for TUEV SUED Battery
Testing GmbH

07-Feb-2018 / 11:20 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The TÜV SÜD Battery Testing GmbH joint venture was able to further increase its
turnover by December 31, 2017: Compared to the previous year, sales increased by
39.8 % to 6,660 TEUR (previous year: 4,763 TEUR).
 
The balance sheet total increased by 37.0 % from 9,779 TEUR to 13,400 TEUR. On
the asset side this is mainly due to the increase in cash pool receivables from
TÜV SÜD AG in the amount of 1,600 TEUR and the increase in other receivables of
affiliated companies of 1,400 TEUR and other assets of 600 TEUR. The
shareholders' equity increased due to the increase in capital reserves of 3,000
TEUR and the current net income for the year. A balance sheet profit in the
amount of 904 TEUR is recorded.
 
The net profit increased from 253 TEUR to 803 TEUR, resulting primarily from the
increase in sales revenues by 1,897 TEUR. This was offset by the increased
personnel expenses of +528 TEUR, depreciation of +108 TEUR as well as other
expenses of +494 TEUR.
 
EBITDA increased from 1,148 TEUR to 1,999 TEUR.
 
The equity ratio increased from 57.2 % to 70.1 %, mainly due to the rise in the
balance sheet profit and the completed capital increase of 3,000 TEUR.
 
Annual figures:
Turnover current year / previous year: + 39.8 %
Net profit for the year / previous year: + 217.9 %
Balance sheet profit year / previous year: + 792.9 %
EBITDA Year / previous year: + 74.1 %
Equity ratio 31.12.17: 70.1 %
Balance sheet total 31.12.17/31.12.16: + 37.0 %

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: Mr. Daniel Quinger
(President of the Board), Mr. Tobias Mayer, Mr. Hany Magour, Dr. Isolde Semm and
Mr. Martin Specht. The Management of LION Smart GmbH consists of Mr. Tobias
Mayer and Mr. Walter Wimmer. The Managing Director of the TÜV SUED Battery
Testing GmbH is Mr. 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
Email:  ir@lionemobility.de
http://www.lionemobility.com
 
LION E-Mobility AG
Lindenstrasse 16
6340 Baar
Switzerland---------------------------------------------------------------------
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Announcements, Financial/Corporate News and Press Releases.
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Language: English

Company:  LION E-Mobility AG

          Lindenstraße 16

          6340 Baar

          Switzerland

Phone:    +41 (0)41 500 54 11

Fax:      +41 (0)41 500 54 12

E-mail:    info@lionemobility.de

Internet: www.lionemobility.com

ISIN:     CH0132594711, CH0132594711

WKN:      A1JG3H  , A1JG3H

Listed:   Regulated Unofficial Market in Frankfurt, Hamburg, Munich (m:access)



 

End of Announcement DGAP News Service

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652103  07-Feb-2018 CET/CEST