658% turnover increase in first six months of 2015 at LION E-Mobility AG subsidiary LION Smart GmbH
LION E-Mobility AG is proud to announce an 658% increase in turnover at its subsidiary LION Smart GmbH in the first six months of 2015 compared to last years period. With sales revenues reaching 802 TEUR (H1 2014: 106 TEUR) the first half year was successfully completed with an operating result of +90 TEUR (Previous year: -104 TEUR). Corporate earnings thereby rose from -106 TEUR to +89 TEUR. Considering the currently pleasant order situation further rises in turnover are to be expected in the second half of the current business year. Due to these positive developments the prospected doubling of turnover in 2015 is very likely to be surpassed.
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, an engineering service provider focused on battery systems design and development of an advanced Battery Management System. LION Smart GmbH holds a significant share in TÜV SÜD Battery Testing GmbH, a joint-venture with TÜV SÜD AG. The LION E-Mobility AG board of directors consists of the chairman of the board Mr. Dipl.-Ing. Daniel Quinger, Mrs. Dr. Isolde Semm, Mr. Dipl.-Ing. Tobias Mayer and Mr. Dipl.-Ing. (FH) Martin Specht. The management of LION Smart GmbH consists of Dipl.-Ing. Tobias Mayer and Mr. Walter Wimmer. The General Manager of TÜV SÜD Battery Testing GmbH is Mr. Dipl.-Wi.-Ing. (FH) Johannes Brey. For further information please visit the LION E-Mobility AG website: www.lionemobility.de
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