Regulatory press releases

 

2019-09-03
Comments by the CEO Alelion’s expertise and experience are great assets when we aim at new segments A drop in sales in the industrial truck segment had a very negative effect on both Alelion’s sales and order bookings during the last quarter. The increased competition within this segment that has risen when the major truck manufacturers insource battery production impacts on the Company and underlines the need for the changes that have been being implemented for some time. These changes mean amongst other things an increased focus on special vehicles but also on distribution markets for trucks. These are the segments where we are confident that Alelion with our long experience and expertise can successfully compete and we are already seeing the evidence.
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2019-08-29
The decision was made by the board of Alelion Energy Systems AB to replace Daniel Troedsson as CEO for Alelion Energy Systems AB. Daniel Troedsson will leave the company immediately and until his successor is appointed Åsa Nordström, marketing manager for the company will be acting CEO.
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2019-02-22
The fourth quarter at a glance - Group · Net turnover amounted to 41.8 (31.8) MSEK · Order bookings increased to 37.7 (33.8) MSEK · Operating costs increased to -69.9 (-43.5) MSEK · Operating income amounted to -19.3 (-7.9) MSEK · Net profit or loss dropped to -21.7 (-8.9) MSEK The period January-December at a glance - Group · Net turnover increased to 185.2 (137.5) MSEK · Order bookings increased to 190.5 (146.5) MSEK · Operating costs increased to -241.8 (-178.7) MSEK · Operating income amounted to -31.8 (-29.2) MSEK · Net profit or loss dropped to -36.0 (-30.7) MSEK Significant events during this quarter · Alelion starts working together with global vehicle manufacturer and receives order to the value of 13 MSEK · Alelion files patent application regarding new and faster method for ensuring quality of cells for lithium-ion batteries · The company issued corporate bonds for 50 MSEK in December. The bonds have a maturity of 6 months. · Alelion qualifies for 1.8 MEUR conditional loan from EU body European Institute of Innovation & Technology to develop a system for intelligent energy management. Significant events after this quarter · The Alelion board and management have appointed Carnegie Investment Bank AB (publ) financial adviser to evaluate the capital structure and possible future funding options · The company has not today secured funding for the coming 12-month period and the company’s funds will be exhausted by the end of the first quarter 2019 if no new capital is added · The board’s overall assessment is that an equity issuance will provide the best shareholder value for the company’s shareholders and have therefore begun talks with the main owners regarding both long-term funding via an equity issuance and short-term loan financing until an equity issuance is implemented. The board therefore intends to provide details regarding this funding in the coming week.
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2019-02-22
Alelion Energy Systems AB (“Alelion” or “the Company”) has received short term shareholder loans of 50 MSEK (“Bridge Loans”) from majority shareholders Fouriertransform AB, Pegroco AB and Sammaj AB (“the Majority Shareholders”}.  Today Alelion’s board also publish summons to an extraordinary general meeting on 2 April 2019. It is proposed that the general meeting decide to authorize the board amongst other things to make an equity issuance of shares for at most 135 MSEK (“the Equity Issuance”). Liquidity from the Equity Issuance will be used to strengthen the Company’s balance sheet, make investments to improve the Company’s efficiency and competitiveness and for repayment or refinancing of debenture loans. The Majority Shareholders have undertaken to subscribe for their pro rata shares equivalent to 65.2 per cent of the Equity Issuance.
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2019-02-06
The Board and Management of Alelion Energy Systems AB (publ) has appointed Carnegie Investment Bank AB (publ) as financial advisor. Carnegie will assist Alelion Energy Systems in evaluating the company’s capital structure and possible future financing alternatives.
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2018-12-12
In competition with a large number of energy companies in Europe, Alelion Energy Systems has qualified for funding of in total 1.8 M€ from InnoEnergy, the European innovation engine for sustainable energy. Alelion will receive the funding for the continued development of Alelion’s proprietary system for smart energy management, Alelion Intelligent Energy System, AIES. InnoEnergy believes AIES can be of major significance for building a more sustainable European energy system with lower emissions of carbon dioxide.
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2018-10-08
As part of a cooperation agreement with a global vehicle manufacturer, Alelion Energy Systems has received an order for high-voltage lithium ion batteries. The cooperation comprises both engineering services and products and is in the initial phase worth MSEK 13 during 2018 and 2019.
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2018-09-11
Alelion Energy Systems has been awarded EUR 60,000 in grants by the European Institute of Innovation and Technology (EIT) to continue development of its Alelion Intelligent Energy System, or AIES. According to EIT, AIES can be of great significance for the work aimed at creating a more sustainable European energy system with lower carbon emissions.
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2018-05-08
Alelion Energy Systems AB (publ) has received an order for high voltage batteries from the German special vehicle manufacturer Kamag. Kamag will use the batteries to electrify the powertrain for one of its’ heavy trucks. ”This order is an important milestone and proves that Alelion also plays a central role when it comes to the electrification of heavy vehicles”, says Daniel Troedsson, CEO of Alelion.  Within in the year, Alelion will deliver a smaller batch as part of a joint development project. The remaining batteries will be delivered during 2019. The total order amount is approximately 15 MSEK.
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2018-04-13
Alelion Energy Systems has signed a framework agreement with Japanese Toyota Industries Corporation, TICO, the parent company of the Toyota Industrial Group. Alelion has previously been a supplier of lithium-ion batteries to the European part of Toyota's truck business Toyota Material Handling Europe. The new agreement is a first step towards enabling the delivery of batteries to Toyota Material Handling trucks in other markets.
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2018-03-29
Alelion Energy System has acquired the whole portfolio of Caterva GmbH, a German liquidation company specializing in advanced technology for optimizing local energy storage. Caterva has developed a platform for plugging into and controlling local energy storage, which can be used to optimize the charging and utilization of, for example, lithium-ion batteries. The technology provides lower energy costs and carbon dioxide emissions and Alelion will introduce the platform for its customers in large-scale industrial applications. The acquisition price amounts to 14 MSEK, which corresponds to approximately 10% of previously invested capital. The acquisition includes a patent portfolio related to the optimization of energy storage.
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2018-01-29
Alelion Energy Systems has decided to build a factory in Gothenburg for the production of lithium batteries for use in, among other things, industrial vehicles. The factory is expected to be completed in 2018 and will be the first of its kind in Sweden. "We have developed and delivered lithium-ion batteries for more than ten years and seen how the market for these products has matured as the steadily increasing interest in electrification and sustainable energy solutions has," said Alelion Energy Systems CEO Daniel Troedsson. "With  a dedicated production facility, we are able to profitably take advantage of the commercial opportunities of Lithium technology."
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2018-01-26
The Alelion Intelligent Energy Systems project, AIES, has been in fierce European competition for funding through the EU Commission Innovation Program Eurostar. The AIES project is an industrial environmental project aimed at better utilizing the capacity of the batteries that Alelion produces and supplies.
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2019-08-28 Daniel Troedsson slutar som vd för Alelion Energy Systems

Styrelsen för Alelion Energy Systems AB har beslutat att söka en ersättare för Daniel Troedsson som vd för Alelion Energy Systems AB. Daniel Troedsson lämnar bolaget med omedelbar verkan och i avvaktan på att hans efterträdare utses träder Åsa Nordström, marknadschef för bolaget, in som tillförordnad vd.

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2019-07-15 Alelion signs its first agreement for the aftermarket in Asia

Alelion Energy Systems AB (publ) has entered into an agreement with MHE Energy in Thailand for deliveries of lithium-ion batteries and service to the forklift aftermarket in Thailand and Vietnam. This is Alelion’s first agreement in the aftermarket for forklift batteries in Asia.

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2019-06-30 Alelion Energy Systems has entered into an agreement for deliveries of lithium-ion batteries and services to the aftermarket for forklift batteries in the Middle East.

Alelion Energy Systems AB (publ) has entered into an agreement with GamaAku in Turkey for delivery of lithium-ion batteries and service to the aftermarket for forklift batteries in the Middle East. When signing, Alelion received a first order for lithium-ion batteries worth 40,000 Euro.

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2019-02-22 Year-end report Jan-Dec 2018

In the course of the fourth quarter our net turnover and order bookings continued to increase compared with the same quarter in the previous year (+31.6 and +11.3 per cent respectively) while profit on both group and parent company levels showed weak growth above all due to increased competition and increased cost inflation. The greater and greater need to adapt to a more sustainable use of energy makes the market for Alelion’s products in lithium-ion technology and systems for smart energy management one of the absolutely most promising and interesting.

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2019-02-18 Alelion takes a loan of 50 MSEK from majority shareholders

Alelion Energy Systems AB (“Alelion” or “the Company”) has received short term shareholder loans of 50 MSEK (“Bridge Loans”) from majority shareholders Fouriertransform AB, Pegroco AB and Sammaj AB (“the Majority Shareholders”}. Today Alelion’s board also publish summons to an extraordinary general meeting on 2 April 2019. It is proposed that the general meeting decide to authorize the board amongst other things to make an equity issuance of shares for at most 135 MSEK (“the Equity Issuance”).

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2018-09-03 Ministerial visit to Alelion's new factory powers up a shared green vision

Energy Minister Ibrahim Baylan discussed electric mobility, innovation and green energy with the West Swedish Chamber of Commerce and Alelion, while touring their brand new Lithium-Ion battery factory - at the heart of Sweden's largest green energy mobility initiative.

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2017-03-02 Alelion is looking for new employees

Alelion is growing and is hiring to extend the team.

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2016-12-13 New recruitments

Alelion reinforces with five new recruitments

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2016-09-09 Cooperation between Alelion and Crown on Lithium-Ion forklift batteries

At the IMHX exhibition, starting September 13th in Birmingham, a selected range of Alelion’s energy storage products, such as the 48-Volt Lithium-Ion forklift batteries, will be visible at the Crown stand 10J61.

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2016-09-08 Alelion continues expansion

We are pleased to welcome to our team Åsa Nordström and Magnus Spjelkavik.

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2016-09-06 Alelion gets its first order outside of Europe. A distribution centre in Australia chooses lithium-ion batteries for their forklifts.

The total order value for the project runs up to SEK 12 million and Alelion has received its first partial order of SEK 4.45 million. A newly built central warehouse has chosen to equip its complete fleet of forklifts with lithium-ion-batteries from Alelion.

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2016-09-05 Alelion undergoes ISO-audit without any remark

In September a current audit concerning ISO-9001 and ISO-14001 was performed without any remark

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2016-06-21 Trading begins in Alelion on Nasdaq First North today June 21

Alelion Energy Systems AB (publ), a leading supplier of environmentally friendly lithium-ion energy storage systems for industrial trucks, implements listing of shares and warrants on the Nasdaq First North after passing the listing application. The first trading of the shares will be today 21 June 2016 and for TO1 on 30 June.

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2016-04-11 Alelion Batteries AB is looking for a Sales Engineer

We are looking for sales engineers that likes and feels at home in an international environment.