Varta AG (VARTY)

OTCMKTS · Delayed Price · Currency is USD
0.2100
-0.1550 (-42.47%)
At close: Oct 9, 2024
-88.40%
Market Cap89.55M
Revenue (ttm)822.30M
Net Income (ttm)-66.80M
Shares Out426.42M
EPS (ttm)-0.16
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volume2,739
Average Volume11,625
Open0.2100
Previous Close0.3650
Day's Range0.2100 - 0.2100
52-Week Range0.1540 - 2.5300
Beta1.68
RSI29.64
Earnings DateJun 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]

Founded 1887
Employees 3,999
Stock Exchange OTCMKTS
Ticker Symbol VARTY
Full Company Profile

Financial Performance

In 2024, Varta AG's revenue was 794.26 million, a decrease of -3.34% compared to the previous year's 821.72 million. Losses were -64.52 million, -84.43% less than in 2023.

Financial numbers in EUR Financial Statements

News

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...

10 months ago - Forexlive

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.

10 months ago - BNN Bloomberg

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.

1 year ago - Euronews

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.

1 year ago - BNN Bloomberg

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.

1 year ago - Reuters

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...

1 year ago - BNN Bloomberg