Corporate | 14 December 2015 08:00
DGAP-News: LION E-Mobility AG / Key word(s): Forecast/Change in Forecast
2015-12-14 / 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.de
http://www.lionemobility.de
LION E-Mobility AG
Poststrasse 6
6300 Zug
Switzerland
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2015-12-14 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
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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