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Varta AG(VAR1)

Description: Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters. This segment is also involved in the development, system integration, and assembly of lithium-ion battery packs for portable industrial, communication devices, electric power tool, home, garden, and medical applications. The Household Batteries segment offers household batteries, rechargeable batteries, chargers, power banks, lights, and energy storage systems. The company was founded in 1887 and is headquartered in Ellwangen, Germany. Varta AG is a subsidiary of Montana Tech Components AG.


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Home Page: www.varta-ag.com

VARTA-Platz 1
Ellwangen, 73479
Germany
Phone: 49 7961 921 0


Officers

Name Title
Dr. Michael Tojner Owner & Chairman of Supervisory Board
Dr. Markus Hackstein Spokesman of the Exec. Board & CEO
Mr. Armin Hessenberger CFO & Member Of Management Board
Mr. Herbert Schein Member of Exec. Board
Mr. Rainer Hald CTO & Member of Management Board
Mr. Bernhard Wolf Head of Investor Relations

Exchange: XETRA

Country: DE

Currency: Euro (€)

Forward PE: 0
Trailing PE: 36.52
Price-to-Book MRQ: 2.6459
Price-to-Sales TTM: 1.1697
IPO Date:
Fiscal Year End: December
Full Time Employees: 4577
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