Varta AG (VARTY)
| Market Cap | 89.55M |
| Revenue (ttm) | 908.28M |
| Net Income (ttm) | -457.96M |
| Shares Out | 426.42M |
| EPS (ttm) | -1.09 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,739 |
| Average Volume | 11,625 |
| Open | 0.2100 |
| Previous Close | 0.3650 |
| Day's Range | 0.2100 - 0.2100 |
| 52-Week Range | 0.1540 - 2.5300 |
| Beta | 1.69 |
| RSI | 29.64 |
| Earnings Date | Jun 27, 2025 |
About Varta AG
Varta AG, through its subsidiaries, engages in the research, development, production, and sale of micro and household batteries, large-format batteries, battery solutions, and energy storage systems in Europe, Asia, North America, and internationally. It operates in three segments: Consumer Batteries, Embedded Batteries, and Power Batteries. The Consumer Batteries segment offers alkaline batteries, including rechargeable batteries, chargers, portable power (power banks), and lights. The Embedded Batteries segment offers zinc-air batteries under... [Read more]
Financial Performance
In 2023, Varta AG's revenue was 821.72 million, a decrease of -1.72% compared to the previous year's 836.09 million. Losses were -414.31 million, 106.7% more than in 2022.
Financial numbers in EUR Financial StatementsNews
Europe's STOXX 600 bolstered by defensive sectors amidst China uncertainty
Defensive sectors prop up Europe's STOXX 600 as China uncertainty lingers Full Story on PiQ Suite European stocks gained slightly, with defensive sectors like utilities, healthcare, and real estate su...
Germany’s Varta Tweaks Restructuring Plan to Win Over Schuldschein Lenders
Embattled German battery-maker Varta AG has adjusted its restructuring plan to help win the support of a key group of lenders, paving the way for its approval.
Porsche moves in with deal to help stalling German battery maker Varta
Porsche's decision to support Varta will allow the luxury car maker to have access to high-performance batteries for its hybrid and electric cars.
Porsche joins Varta restructuring with initial capital
Porsche Agrees to Invest in Rescue of Troubled Battery Maker
Porsche AG agreed to become a shareholder in Varta AG, providing fresh cash to the embattled German battery-maker as part of a debt-restructuring deal with lenders.
Porsche agrees to provide capital in Varta restructuring deal
German battery maker Varta said on Saturday it had reached a restructuring agreement with its creditors, bringing on sports car manufacturer Porsche to save the ailing business.
Varta’s Spurned Creditor Group Offer €100 Million in Fresh Debt
Varta AG’s largest creditor group is offering the ailing German battery-maker fresh debt financing and proposing a new capital raise, as the lenders demand a greater role in ongoing restructuring talk...