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VARTA : and Allgau Batterie enter into partnership for lithium-ion battery packs

VARTA and Allgau Batterie will in future bring together their expertise for the rapidly growing market for application specific configurable lithium-ion battery packs. In future, the. | June 10, 2021 ....

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Investegate |VARTA AG Announcements | VARTA AG: VARTA AG achieves record results, announces cylindrical lithium-ion high-performance cell

Investegate |VARTA AG Announcements | VARTA AG: VARTA AG achieves record results, announces cylindrical lithium-ion high-performance cell
investegate.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from investegate.co.uk Daily Mail and Mail on Sunday newspapers.

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VARTA AG: VARTA AG exceeds guidance, announces first-ever dividend payments and presents new brand identity

VARTA AG: VARTA AG exceeds guidance, announces first-ever dividend payments and presents new brand identity
18.02.2021 / 07:00

VARTA AG exceeds guidance, announces first-ever dividend payments
and presents new brand identity
Highly dynamic growth of around 140% in Group revenue to approximately ? 870m

Adjusted EBITDA rises by roughly 145% to approximately ? 239m
Adjusted EBITDA margin improves to around 27.5%
Microbatteries & Solutions records very strong fiscal year performance
Very positive development in the Household Batteries segment

Start of dividend payments: roughly ? 100m to be paid out
Promising outlook for 2021: organic growth in revenue and profit again on the cards for fiscal year 2021
Audited financial statements for 2020 to be published on 31 ....

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