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Leclanché SA Delays 2024 Annual Report Amid Financial Restructuring

Story Highlights
  • Leclanché SA delays its 2024 annual report and suspends trading on the SIX Swiss Exchange.
  • The company is restructuring financially to ensure long-term sustainability and operational continuity.
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Leclanché SA Delays 2024 Annual Report Amid Financial Restructuring

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Leclanche SA ( (CH:LECN) ) has shared an update.

Leclanché SA has announced a delay in the publication of its 2024 annual report and a temporary suspension of its registered shares on the SIX Swiss Exchange due to ongoing financial restructuring efforts. The company is implementing measures to address its financial challenges, including subordination agreements, debt conversion to equity, and securing bridge financing, to ensure its operational continuity and long-term sustainability.

More about Leclanche SA

Leclanché SA is a leading global provider of low-carbon energy storage solutions, specializing in lithium-ion cell technology. Founded in 1909 in Yverdon-les-Bains, Switzerland, the company is known for its innovation in battery and energy storage. It operates through three business units: energy storage solutions, e-mobility solutions, and specialty battery systems, with production facilities in Germany and a presence in eight countries worldwide. Leclanché is listed on the Swiss stock exchange.

Average Trading Volume: 49,891

Current Market Cap: CHF215M

Find detailed analytics on LECN stock on TipRanks’ Stock Analysis page.

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