eqs-adhoc: leclanché sa: leclanché announces more than 2.5 times increase in 2018 revenues - battery management unit

EQS Group-Ad-
/Keywords ()s)
: Market report/expansion in Lake ranchsa: more than 2 have been announced in Lake ranchsa.
208revenues06-5 times moreMarch-
2019/07: 16 CET/cest which issued an interim announcement under Art.
53 KRThe issuer is fully responsible for the contents of this announcement. ------------------------------------------------------------------------------
There are more than 2 announcements by Lakelands.
Revenue grew five times in 2018: record for the past 22 years
Compared to the CHF18 million in 2018, revenue for 2017 is expected to exceed CHF 47 million
The company entered 2019 with a solid order book and awarded projects in excess of CHF 60 million
Appointed Philip broad as executive vice president of e-commerce
Transportation Solutions
The company added more than 90 people in 2018, mainly to support the growth of e-commerce
Lakeland Chesapeake, Switzerland, March 6, 2019 (SIX: LECN)
One of the world's leading energy storage solutions companies, today announced that it achieved record levels of revenue in 2018.
The company also announced the appointment of Philip (Phil)
Broad, executive vice president, will lead e-commerce in lakellecce
Transportation Solutions business.
Phil Broadhead, headquartered in Yverdon, Switzerland, will report to anil Srivastava, CEO of laelanche.
He joined the executive leadership team built around the company's three business units-stationery solutions, e-commerce
Shipping solutions and professional battery systems.
Anil Srivastava, CEO of Leclanché, said: "after achieving record revenues in 2018, we entered the year 2019 with a reliable order book and awarded [1]
E-commerce projects in particular
Transportation Solutions business and e-commerce
Marinemarket, we have achieved significant growth with confirmed purchase orders delivered in 2019 and 42 million exceeding CHF 2020.
This is a clear market validation of our strategy and confirmation of a complete solution based on our own advanced product sales
House cell technology and energy management systems, coupled with our knowledge of power grids and electric vehicles, make us the only choice and partner for our customers.
I would like to thank all of our clients for their trust in lechen.
I am grateful to all shareholders for their patient investment, especially FEFAM ^ [2]
The huge investment allowed us to implement the growth plan announced in 2015.
I am also pleased to announce the appointment of Phil Broad as executive vice president of e-commerce
Transportation Solutions business.
Since joining Lakeland Kester last year, Phil has made significant progress in developing his business and I am glad that he will now lead our rapid developmentgrowing e-
Transportation Solutions business unit effective March 2019.
I am confident that Philwill will help us build on the success we have achieved so far and consolidate our position as a "preferred supplier" for energy storage solutions for transport companies focused on ocean and land transportation, railway and bus as well as commercial vehicles are included.
To build on the success of our e-commerce
Transportation Market, the company added more than 90 people in 2018 and they will mainly support our e-commerce growth
Transportation Solutions business.
In addition, we are committed to 10 million Swiss francs in order to improve our production capacity to meet the growing needs of our customers. "Leclanché's e-
Transportation Solutions power the electrified transport and provide integrated battery solutions from battery to battery management systems for marine, rail and commercial vehicles, enabling to intelligently connect with their respective charging infrastructure
Lakelands is currently developing the world's largest all-electric ferry in Denmark, a landmark project backed by the European Union, the company recently set up an electric and hybrid solution with Konsberg, the world's leading maritime systems integration company.
These solutions provide games.
Changing efficiency by cutting and reducing the impact of marine transport on the environment
Edge autonomy and crew boat-newbuilds.
In addition to the breakthrough in e-commerce
In terms of transportation solutions business, lealanche's demand for its fixed solutions has grown significantly, accelerating the integration of renewable energy and power grids, including gridto EV storage solutions.
Recently, Lechang has achieved important milestones in fixed storage projects over 100 MWh.
Its energy storage solution has helped clean up energy supplies on the island of Graciosa by integrating more than 70% of renewable energy into the island's grid.
This project suggests that it is possible to reduce our dependence on dirty fuels, in which case diesel and significantly increase the integration of renewable energy into today's electricity supply. Phil Broad -
In March 1, 2019, Phil Broad was appointed executive vice president of ofeTransport.
He joined Lakeland in August 2018 as vice president of leading application engineering, project management and sales for commercial vehicles.
He has more than 20 years of experience in the commercial vehicle industry both on and off the highway.
Phil has a good track record in winning large global profit contracts in the commercial vehicle market.
He has successfully partnered with global brands such as Caterpillar/Perkins, Volvo, Scania, MAN and JCB.
Over the past 15 years, he has worked and lived in Swiss Honeywell Turbo technology Sarl, where he has held project management, sales management and business leadership positions in the Supercharger Industry. Phil holds a B. Eng (Hons)
Major in systems engineering, Huddersfield University, UK.
* With regard to Switzerland-based lellanche SA, a leading provider of high-quality energy storage solutions, we aim to accelerate our move towards a clean energy future.
The history and traditions of Lakelands are rooted in more than 100 years of battery and energy storage innovation, and the company is a trusted provider of global energy storage solutions.
This, combined with the company's training of German engineering and Swiss precision and quality, continues to make Lakeland a preferred partner for spoilers, the establishment of companies and governments, these companies and governments distribute and consume energy production methods around the world.
Energy transformation is driven primarily by changes in our power network management and transportation electrified, which form the backbone of our strategy and business model.
Lakelanceche is the core of the changes in traffic electrified and distribution networks.
Lakeland is the only pure game energy store company listed in the world, consisting of three business units: stationery solutions, e-commerce
Transportation Solutions and special battery systems.
Listed on the Swiss stock exchange (SIX: LECN).
6 Swiss Exchange: share code LECN | CH 011 030 311 9 Disclaimer
Forward-looking statements relating to the business of toleclanché, can "promise", "expectation", "set" by terms such as "strategy", "suggestion", "Introduction", "will", "plan", "expectation ", "prepare", "plan", "estimate", "target", "will", "potential", "Wait", "estimate ", "Proposal", or a similar statement, or by discussion, express or implied, proceeds from or potential future sales of eclanche in respect of improving its production capacity, potential applications of existing products or potential future revenue from any such products or revenue from Lakeland or any of its business units.
You should not rely too much on these statements. Such forward-
Lookingstatements reflects the current view of lechan on future events, involving known and unknown risks, uncertainties and other factors that may lead to significant differences in actual results with any future results, performance or achievement expressed or implied by these statements.
We can't guarantee that our products will achieve any specific benefits.
There is also no guarantee that any specific financial results will be achieved by lechan or any commercial unit.
* Contact Thomas BalmerMedia Contact T: 41 (0)
79 703 87 28 E-
Mail: mdb @ dynamic group
Europe/Global: United States and Canada: Desiree Maghoo Rick anderson sont: 44 (0)
7775 522 740 T: 1-718-986-1596E-
Email: dmaghoo @ questorconsulting.
Henry fetucht: 44 (0)
7768 698 731 T: 1-212-808-4901E-
Mail: llagrange @ questorconsulting. com E-
Postage: le krone shot @ feintchpr.
ComSwitzerland: Investor Contact: temeyanil Srivastava/Hubert Angleys T: 41 (0)
24 424 65 00 T: 41 (0)
79 785 35 81 E-mail: invest.
Le Kron shot @ Le Kron Xie. comE-
Email: tme @ dynamic groupch^[1]
The project awarded means Lakeland is selected as a supplier.
However, the purchase order confirmation is limited by certain conditions, such as the financial completion of the project in the fixed storage business department, or the successful completion of the pilot test and certification by the customer in e-commerce
Transportation Division. ^[2]
The meaning of FEFAM is: AM investment SCA, SICAV-SIF -
Subsidiary of current assets
Fund and FINEXIS stock fund-
Renewable energy subsidiary
Fund, FINEXIS Fund-
Multi-asset strategy
FINEXIS stock fund-
Electronic Currency Strategy-Fund (
Also called energy storage investment)
In addition, all of these funds, known as "FEFAM", are the main shareholders of lechan. ------------------------------------------------------------------------------
End of special announcement------------------------------------------------------------------------------
Language: English company: leclanchésa Av.
Sports 42 1400 Yverdon-les-
Swiss telephone: 41 (24)424 65-
00Fax: 41 (24)424 65-20E-
Email: investor @ Le Lan car.
ComInternet: www. leclanche.
ComISIN: CH0110303119, CH0016271550Valor: a1 cuub, 812950 listed: Announcement of EQS Group News Service by six Swiss exchangesMarch-
209cet/CESTfncls. ssp?