LION E-Mobility AG

DGAP-Adhoc: ?LION E-Mobility AG: Preliminary annual results of LION Smart GmbH


DGAP-Ad-hoc: LION E-Mobility AG / Key word(s): Preliminary Results/Miscellaneous
?LION E-Mobility AG: Preliminary annual results of LION Smart GmbH

28-Feb-2017 / 18:09 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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In the fiscal year 2016, the turnover generated by the LION E-Mobility AG
subsidiary LION Smart GmbH has changed, due to temporal shifts of projects, to
1.974 TEUR (previous year:  2.079 TEUR). The fiscal year was completed with a
positive operating result of 356 TEUR (previous year: 563 TEUR). The annual net
profit changed, due to new and larger premises as well as ramp-up of personnel
capacities, from 381 TEUR in the previous year to 218 TEUR in 2016.
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Information and Explanation of the Issuer to this News:


About LION Smart:
LION Smart GmbH is an innovative development service provider for original
equipment manufacturers (OEMs) and suppliers of the automobile industry and
other industry sectors like aviation and maritime. As a partner in system
analysis, selection and design of electric energy storage systems like lithium
batteries and integration into the specific vehicle concept LION Smarts
engineers have a very high level of expertise. LION Smart carries out its own
research program in the field of lithium-ion technology and has filed two
patents in the past twelve months. 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. Dipl.-Ing. Daniel
Quinger (President of the Board), Dr. Isolde Semm, Dipl.-Ing. Tobias Mayer, Mr.
Hany Magour 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.
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28-Feb-2017 CET/CEST The DGAP Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English

Company:  LION E-Mobility AG

          Poststraße 6

          6300 Zug

          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 Hamburg, Munich (m:access); Open Market
in Frankfurt



 

End of Announcement DGAP News Service

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545359  28-Feb-2017 CET/CEST
 

 


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