Leclanché SA Delays Annual Report Publication and Shares Preliminary 2023 Financial Figures

Leclanché SA has announced a delay in the publication of its 2023 annual report, now extended to May 31, 2024, as approved by SIX Exchange Regulation AG. The company attributes the postponement to extensive internal optimizations and the integration of three new entities requiring intricate financial consolidations.

The Swiss-based energy storage solutions provider has undergone significant strategic changes, including transforming its specialty business unit into a wholly-owned subsidiary, Leclanché SBS SA, and establishing Leclanché Technologies SA to manage its intellectual property and patents.

Financially, Leclanché reported an unaudited consolidated income of CHF 18.7 million for 2023, with customer revenue standing at CHF 17.1 million. These figures represent a significant uplift from previous periods, despite a modest year-over-year decline in revenue recognized under IFRS. The company also noted improvements in its financial position, recording a net loss of CHF 67.5 million, an improvement over the previous year's CHF 85.6 million loss.

Asserting a stable financial outlook, Leclanché closed 2023 with total assets amounting to CHF 108.5 million, underscoring its strategic planning and operational optimization efforts. The firm continues to focus on strategic growth and innovation to foster future success and shareholder value.