Record half-year turnover at TUEV SUED Battery Testing GmbH
TUEV SUED Battery Testing GmbH, a subsidiary of LION Smart GmbH, again achieved a significant increase in turnover during the first two quarters of 2015. Compared to last year’s period, turnover rose by 34% to 1.932 TEUR (1. half-year 2014: 1.438 TEUR). Profits rose from -200 TEUR to +197 TEUR as our crash test facilities are now in full service and occupancy rates of our other test facilities are within optimal range. EBITDA rose by 399 % from 132 TEUR to 659 TEUR.
Half-year results of LION Smart GmbH will be published shortly.
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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