Corporate | 2 December 2014 08:00
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LION E-Mobility AG / Key word(s): Development of Sales/Incoming Orders
LION E-Mobility AG expects strong revenue growth in current fiscal year The Swiss holding LION E-Mobility AG (WKN: A1JG3H, Ticker: LMI) is pleased to announce that due to orders received at its German subsidiary LION Smart GmbH, a strong increase in revenues and profits of the Group is expected in the current quarter 2014. Positioned in the segments of consulting, prototyping, and battery system development, the subsidiary LION Smart GmbH will use the liquidity increase to accelerate the market entry of its open source battery management product family. The positive outlook also enables to strengthen its strategic position in the field of engineering services, and to promote the development of its novel battery safety component. 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,
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. Hany Magour
Email: ir@lionemobility.de
LION E-Mobility AG
02.12.2014 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. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
| 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: | Freiverkehr in Hamburg, München; Frankfurt in Open Market | |
| End of News | DGAP News-Service |
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| 301415 02.12.2014 |