Trade VARTA AG O.N. - VAR1 CFD

VARTA AG O.N. Company profile

About Varta AG

Varta AG is a Germany-based company, that manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. The Company offers lithium-ion batteries for hearing aids, cameras, telephones, toys, watches, wearables, and headphones. Varta serves micro battery sectors worldwide. The Company's activity also include management of own assets, in particular the sale and liquidation of individual assets, contracts, liabilities and shareholdings relating to the business areas previously managed by the Company itself and its subsidiaries, including the administration of assets acquired or held in this respect.

Financial summary

BRIEF: For the six months ended 30 September 2021, Varta AGrevenues decreased 2% to EUR429.1M. Net income decreased13% to EUR54.6M. Revenues reflect Consumer Batteriessegment decrease of 72% to EUR82.4M. Net income alsoreflects Depreciation and amortization increase of 87% toEUR45.7M (expense), Sundry financial income decrease of 81%to EUR168K (income). Basic Earnings per Share excludingExtraordinary Items decreased from EUR1.56 to EUR1.35.

Equity composition

07/2007, Complex capital change (Factor: 0.250000).Nov 2012, Company has been delisted.