Back to Corporate News Overview
Put companies on watchlist
LION E-Mobility AG
ISIN: CH0560888270
WKN: A2QH97
About
Company Snapshot
GO
AI
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

AI
EN GIF 300X250
LION E-Mobility AG · ISIN: CH0560888270 · EQS - adhoc news (73 News)
Country: Switzerland · Primary market: Switzerland · EQS NID: 1959439
EQS News
Directors Dealings
Analyst Ratings
Short Seller
Technical Analysis
Levermann Score
01 August 2024 05:30PM

LION E-Mobility AG - Adjustment of the outlook for the 2024 financial year

EQS-Ad-hoc: LION E-Mobility AG / Key word(s): Change in Forecast
LION E-Mobility AG - Adjustment of the outlook for the 2024 financial year

01-Aug-2024 / 17:30 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

LION E-Mobility AG - Adjustment of the outlook for the 2024 financial year

LION E-Mobility AG announces an adjustment to its outlook for the 2024 financial year. Together with the publication of the 2023 annual report, the 2024 outlook was confirmed, according to which revenue for the 2024 financial year is expected to be in the range of € 60 million to € 65 million, which corresponds to growth of around 11% and an expected EBITDA of € 0.5 million to € 1 million. Due to the current market situation, especially in view of the current oversupply on the battery market, the management expects that sales will be partially postponed until 2025 and that sales of no more than € 42million will be achieved in 2024 which could lead to a slightly negative EBITDA.

 



End of Inside Information
Information and Explanation of the Issuer to this announcement:

About LION E-Mobility AG
LION E-Mobility AG is a manufacturer of lithium-ion battery packs. The company offers customized plug-and-play solutions for electric vehicles as well as for stationary and industrial applications. With a current annual production capacity of 2 GWh, LION is ideally positioned to address the growing demand for high-performance energy storage solutions.

The company operates highly automated module assembly lines at its own production facility in Germany. LION's battery packs offer the highest standards in terms of safety, quality, and reliability.

Founded in 2011, LION E-Mobility AG (ISIN: CH0560888270, WKN: A2QH 97) is listed on the stock exchanges in Munich, Frankfurt, and Hamburg

www.lionemobility.com


LION E-Mobility Investor Relations
Kirchhoff Consult
lion@kirchhoff.de
ir@lionemobility.com | www.lionemobility.com

 

Disclaimer:
Statements that express or contain forecasts, expectations, views, plans, goals and assumptions regarding future events or performance are not considered historical facts and may therefore be forward-looking statements. Forward-looking statements are based on the expectations, estimates and plans at the time the statements were made, and therefore involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated become. LION E-Mobility AG is under no obligation to update the forward-looking statements in this press release.

01-Aug-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com
Language: English
Company: LION E-Mobility AG
Chamerstrasse 172
6300 Zug
Switzerland
Phone: +41 (0) 41 749 40 75
E-mail: info@lionemobility.com
Internet: www.lionemobility.com
ISIN: CH0560888270
WKN: A2QH97
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Hamburg, Munich (m:access), Tradegate Exchange
EQS News ID: 1959439

 
End of Announcement EQS News Service

1959439  01-Aug-2024 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1959439&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
Visual performance / price development - LION E-Mobility AG

XETR:LMIA Price indication powered by TradingView

Smart analysis and research tools can be found here.

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2024
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.

The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.

1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.