Stock data
| Market cap. | CHF222.6m |
| Last close | CHF1.90 |
| High / Low (52 weeks) | CHF2.6 / CHF1.5 |
| Stock market listing | SW |
| Forecast net debt (CHFm) | 55.3 |
| Forecast gearing ratio (%) | 195 |
| Team | Industrials |
| Sector | Industrial Support Services |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (0.5) | (2.6) | (23.4) |
| Relative * | (4.7) | (4.8) | (25.4) |
* % Relative to local index
Other companies in sector Show
Company news
| Y/E Dec | Revenue (CHFm) | EBITDA (CHFm) | PBT (CHFm) | EPS (fd) (CHFc) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2016A | 28.1 | (27.4) | (36.8) | (85.0) | N/A | N/A |
| 2017A | 11.7 | (31.2) | (37.9) | (68.4) | N/A | N/A |
| 2018E | 42.5 | (34.3) | (39.4) | (51.8) | N/A | N/A |
| 2019E | 99.6 | (9.4) | (16.6) | (20.4) | N/A | N/A |
Last updated on 30/01/2019
Latest research
Brakes off
Update | Industrial Support Services | 10/10/2018
Completion of financing heralds a new dawn
Update | Industrial Support Services | 29/06/2018
Cremzow project underpins FY18 deliveries
Flash note | Industrial Support Services | 21/02/2018
Powering up
Initiation | Industrial Support Services | 15/11/2017
Investment summary
In December, Leclanché announced it had reached the important milestone of 100MWh of projects around the world. Encouraged by this progress and the size of the order book, management plans to triple current factory capacity to over three million cells per year, or 1GWh per year by 2020. Significant orders in the e-transport sector include energy storage for e-buses, two- and three-wheeled scooters and electric cars in India, as well as orders from the maritime sector exceeding 45MWh.
Last updated on 01/02/2019
Industry outlook
The company is participating in a newly formed industrial consortium which will support and operate a battery cell research production centre – a new research and large-scale industrial manufacturing plant for lithium-ion cells, based in Germany. The €500m initiative was launched by the German government as part of its strategy to develop German-based mass production of the lithium-ion cells required for e-transport and energy storage. As the owner of the largest lithium ion pouch cell production facility in Europe, Leclanché will provide industrial scale cell manufacturing know-how.
Last updated on 01/02/2019
Key management
| David Ishag, Chairman |
| Anil Srivastava, CEO |
| Hubert Angleys, FD |
Company address
| Avenue des Sports 42 Yverdon-Les-Bains CH – 1400 Switzerland +41 24 424 65 00 View website |