DGAP-News

LION E-Mobility AG: Record half-year turnover at TUEV SUED Battery Testing GmbH

DGAP-News: LION E-Mobility AG / Key word(s): Half Year Results/Interim
Report
LION E-Mobility AG: Record half-year turnover at TUEV SUED Battery
Testing GmbH

20.07.2015 / 08:00

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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


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