LION E-Mobility

Earnings Release • Mar 31, 2016

News Details

Corporate | 31 March 2016 22:34

LION E-Mobility AG: Final annual results: Quadrupled turnover at LION Smart GmbH

DGAP-News: LION E-Mobility AG / Key word(s): Final Results/Final Results

2016-03-31 / 22:34
The issuer is solely responsible for the content of this announcement.

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Garching, Germany - March, 31st 2016 - LION Smart GmbH, a subsidiary of
LION E-Mobility AG managed to increase its turnover by 296% in the fiscal
year 2015.

In 2015 LION Smart GmbH was able to further consolidate its position in the
field of battery prototyping and managed to form strategic partnerships in
the electro-mobility sector. In the course of this, the product family
Battery-Management-Systems has been further developed and successfully
positioned in the market. In addition to an extension of the machinery pool
for the production of high-performance battery systems, the company moved
to new state of the art premises while the workforce was further increased
by five employees.

With significantly increased turnovers of 2.079 TEUR (prior year: 524
TEUR), LION Smart was able to conclude the fiscal year 2015 with a 1147%
rise in operating results to 520.2 TEUR (prior year: 49 TEUR), thus meeting
its targeted numbers. Thereby company profits increased to 381.7 TEUR from
-4.7 TEUR in the previous year.

Considering the current company development and the market situation, at
present LION Smarts management keeps expecting a further doubling of its
turnover in 2016.

Furthermore we would like to inform our investors, that todays
extraordinary shareholders meeting has been attended by more that 50% of
our shares and that all agenda items have been accepted unanimously.

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
Telefone: +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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2016-03-31 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


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