ADSE ADS TEC ENERGY PLC

EQS-News: ADS-TEC Energy (ADSE) to Host Business Update Call on September 12th Following the Release of Half-Year 2024 Results

Issuer: ADS-TEC Energy GmbH / Key word(s): Half Year Results/Conference
ADS-TEC Energy (ADSE) to Host Business Update Call on September 12th Following the Release of Half-Year 2024 Results

21.08.2024 / 14:30 CET/CEST
The issuer is solely responsible for the content of this announcement.


ADS-TEC Energy (ADSE) to Host Business Update Call on September 12th Following the Release of Half-Year 2024 Results

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NÜRTINGEN, Germany – August 21, 2024 – ADS-TEC Energy plc (NASDAQ: ADSE), a global leader in battery-buffered, ultra-fast charging technology, today announced management will host a webcast to provide a business update at 2:00 PM CET/8:00 AM ET on Thursday, September 12th, 2024. Leading the call will be Thomas Speidel, Chief Executive Officer, and Wolfgang Breme, Chief Financial Officer.

The live webcast of the call will be available by . Please make sure to register ahead of the call and log in approximately 5-10 minutes prior to the scheduled start time.

The Investor Presentation will be available after the call within the section of the .

About ADS-TEC Energy

ADS-TEC Energy plc, a public limited company incorporated in Ireland and publicly listed on NASDAQ (“ADS-TEC Energy”), serves as a holding company for ads-tec Energy GmbH, our operating company incorporated in Germany (“ADSE GM”) and ads-tec Energy Inc., a US subsidiary of ads-tec Energy GmbH (“ADSE US” and together with ADS-TEC Energy and ADSE GM, “ADSE”). Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and fast charging systems including their energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. It was most recently nominated by the President of the Federal Republic of Germany for the German Future Prize and elevated to the "Circle of Excellence" in 2022. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for automotive, OEMs, utility companies and charge-operators.

More information:

Media Contacts

For ADS-TEC Energy – Germany

Dennis Müller

SVP Product Marketing & Communication

For ADS-TEC Energy – US

Stephannie Depa

Breakaway Communications

 



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The issuer is solely responsible for the content of this announcement.

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Language: English
Company: ADS-TEC Energy GmbH
Heinrich-Hertz-Str. 1
72622 Nürtingen
Germany
Internet: -tec.de
EQS News ID: 1972495

 
End of News EQS News Service

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EN
21/08/2024

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ADS-TEC supplies intelligent energy storage and management systems supporting the energy transition, including electric vehicle (EV) charging. While the EV rate of adoption has slowed, the H124 results (sales +107%) demonstrate the benefits of ADS-TEC’s broader end-market applications and corporate customer base. With a positive EBITDA in the period, the group appears to be approaching operational cash positive, which we see as marking the transition to a sustainable growth company.

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