• Significant debt to equity conversion strengthens the balance sheet
• EBITDA loss trend reversed and revenues at a 22-year high in 2018
• Major projects in operation in the Stationary Solutions business and solid pipeline of orders in the e-Transport business provide critical scale and put the Company on track towards profitability
• Bénédict Fontanet and Lluís Fargas join the Board of Directors
DALLAS; ANDERSON, Ind. and YVERDON LES BAINS, Switzerland, May 9, 2019: Leclanché SA (SIX: LECN), one of the world’s leading energy storage solutions companies, today announced that the...
YVERDON-LES-BAINS, Switzerland; DALLAS; ANDERSON, Ind., May 6, 2019: In addition to the proposal made in the press release issued on April 16, 2019 proposing the election of Mr. Bénédict...
- Leclanché SA convenes its Annual Ordinary General Meeting on 9 May 2019
- The Board of Directors proposes the conversion of CHF 36 million of debt
owed to FEFAM into shares of the Company in order to strengthen the balance sheet
- The Board of Directors proposes a reduction in the nominal value of the
shares to strengthen the Company's balance sheet situation
- Mr. Bénédict Fontanet is proposed as a new director
Yverdon-les-Bains (Switzerland), 18 April 2019: Leclanché SA, one of the world’s leading energy storage solutions companies, is convening its Annual Ordinary General Meeting on 9 May 2019 at...
YVERDON-LES-BAINS, Switzerland, April 16, 2019 – The Board of Leclanché SA (SIX: LECN), one of the world’s leading energy storage solutions companies, proposes that Bénédict Fontanet is...
• Record revenues in 22 years, representing over 2.7 times 2017 revenues
• EBITDA loss as a percentage of revenues reduced by more than half
• Exceeded milestone of 100 MWh in commercial operation in the stationary business
• Strong order book for 2019 and 2020 to deliver higher margin and recurring revenue streams
• Solid outlook for the e-Transport business
• New growth capital injection of CHF 35 million for working capital purpose
• Strengthening of the balance sheet with an agreement to convert CHF 35.9 million of debt into equity
• Leclanché goes green: 110 years of heritage for a sustainable future
• Annual Report 2018 published today
Key figures (in million CHF) FY 2018 FY 2017 FY 2016 FY 2015 Revenue 48.7 18.0 28.5 18.2 EBITDA -39.1 -31.8 -28.4 -26.0 EBITDA as % of Revenues -80% -177% -100% -143% YVERDON LES BAINS,...