LION E-Mobility

Earnings Release • Jan 18, 2016

News Details

Corporate | 18 January 2016 08:00

Preliminary annual result: TUEV SUED Battery Testing GmbH records best year in history

DGAP-News: LION E-Mobility AG / Key word(s): Preliminary Results/Joint
Venture

2016-01-18 / 08:00
The issuer is solely responsible for the content of this announcement.

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TUEV SUED Battery Testing GmbH, a successful joint venture of TUEV SUED and
LION, further expanded market shares in the business year 2015 and is able
to record the best year in its history:

Compared to the previous year, turnover increased by 45,3% to 4.301 TEUR
(Previous year: 2.961 TEUR).
Balance sheet total reduced by 7,7% from 8.435 TEUR to 7.782 TEUR, due to a
reduction of liabilities.
Annual profits rose from -270 TEUR to 637 TEUR.
EBITA increased from -230 TEUR to 733 TEUR.
EBITDA grew by 238 % from 412 TEUR to 1.390 TEUR.

These figures are a result of a consistent implementation of the company's
growth strategy, which included the expansion test capacities for cell,
module and destructive tests and the finalized integration of our crash
test center in Oberpfaffenhofen. Furthermore several improvements were
made, which lead to an increase in capacity utilization. These measures
resulted in a significant rise in profitability and competitiveness which
is clearly represented by TUEV SUED Battery Testing GmbHs turnover and
profit numbers. This solid base, the excellent order situation and the
markets dynamic development provide an ideal start into the business year
2016. With its current orientation, TSBT can look ahead with great
optimism.

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: Dipl.-Ing. Daniel Quinger (President of the Board), Dipl.-Ing. Tobias
Mayer, Mr. Hany Magour, Dr. Isolde Semm 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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2016-01-18 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