AKASOL AG

  • WKN: A2JNWZ
  • ISIN: DE000A2JNWZ9
  • Land: Deutschland

Nachricht vom 11.09.2019 | 19:08

AKASOL AG: AKASOL receives another long-term order from one of the world's leading commercial vehicle manufacturers

AKASOL AG / Key word(s): Incoming Orders/Incoming Orders
AKASOL AG: AKASOL receives another long-term order from one of the world's leading commercial vehicle manufacturers

11-Sep-2019 / 19:08 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Disclosure of insider information according to Article 17 MAR of Regulation (EU) No 596/2014

AKASOL receives another long-term order from one of the world's leading commercial vehicle manufacturers

Darmstadt, September 11, 2019 - AKASOL AG ("AKASOL"; the "Company"; ISIN DE000A2JNWZ9), a leading German manufacturer of high-performance lithium-ion battery systems, received a large follow-up order from its long-term major customer, one of the world's leading commercial vehicle manufacturers, with a total volume in the high three-digit million-euro range. From 2021 until the end of 2027 the Company will supply the third generation of high energy battery systems for various electric commercial vehicles of the globally operating customer. The total order backlog of AKASOL AG increases to approx. EUR 2 billion by 2027 and safeguards the dynamic growth within the upcoming years. Due to the significant increase of the order backlog resulting from the most recent order for the new system generation, the Company prepares for possible shifts in the execution of existing serial projects and thus is currently conducting a detailed analysis of the short-term targets for 2019.

< End of the ad-hoc announcement >


Contact:

AKASOL AG
Isabel Heinen
Phone: +49 (0) 6151 800500-193
Email: isabel.heinen@akasol.com


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