on LION E-Mobility AG (ETR:CH013259)
LION E-Mobility AG Reports Preliminary 2024 Financial Results
LION E-Mobility AG, a leading battery pack manufacturer for e-mobility, announced its preliminary figures for the 2024 financial year. The company recorded a revenue of EUR 16.9 million and a negative EBITDA of EUR -4.2 million. These results highlight the challenging conditions faced in the battery market throughout the year. Despite these difficulties, LION reported a positive EBITDA of EUR 1.8 million in the fourth quarter of 2024. The company's Board of Directors, led by Chairman Alessio Basteri, expressed commitment to addressing these challenges and improving future financial outcomes.
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