DGAP-News: LION E-Mobility AG: LION Smart GmbH set to triple turnover
DGAP-News: LION E-Mobility AG / Key word(s): Forecast/Change in Forecast
LION E-Mobility AG: LION Smart GmbH set to triple turnover
14.12.2015 / 08:00
The issuer is solely responsible for the content of this announcement.
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Garching, Germany - December 14th, 2015 - The Swiss Holding LION E-Mobility AG
(WKN: A1JG3H, Ticker: LMI) announces, that its subsidiary LION Smart GmbH is set
to more than triple turnover in 2015 compared to the previous year. Thus the
expected doubling of turnover, which was announced by the end of the second
quarter, will be far surpassed. As result of well filled order books and a
brightening market situation, the management expects a continuation of LION
Smarts rapid growth in 2016. 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.
Investor Relations Contact:
Mr. Walter Wimmer
Telephone: +49 (0)89 74567993
Email: ir@lionemobility.dehttp://www.lionemobility.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
Switzerland
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14.12.2015 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.
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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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423237 14.12.2015
DGAP-News: LION E-Mobility AG / Key word(s): Expansion/Strategic Company Decision LION E-Mobility AG: LION E-Mobility AG subsidiary LION Smart moves into new premises 30.11.2015 / 08:00 The issuer is solely responsible for the content of this announcement. 418983 30.11.2015 ...