Vitesco Technologies Group Aktiengesellschaft (VTSCY)
Market Cap | 2.00B |
Revenue (ttm) | 9.10B |
Net Income (ttm) | 26.89M |
Shares Out | 200.11M |
EPS (ttm) | 0.67 |
PE Ratio | 14.93 |
Forward PE | n/a |
Dividend | 0.05 (0.53%) |
Ex-Dividend Date | Apr 25, 2024 |
Volume | 1 |
Average Volume | 244 |
Open | 10.00 |
Previous Close | 10.00 |
Day's Range | 10.00 - 10.00 |
52-Week Range | 9.00 - 20.84 |
Beta | 0.56 |
RSI | 45.43 |
Earnings Date | Nov 14, 2024 |
About VTSCY
Vitesco Technologies Group Aktiengesellschaft develops and produces components and system solutions for power trains in hybrid vehicles, electric vehicles, and combustion engines in Germany and internationally. The company operates through Electrification Technology, Electronic Controls, Sensing & Actuation, and Contract Manufacturing segments. It offers 48-volt electrification solutions, electric drive systems, and power electronics for hybrid electric and battery electric vehicles. In addition, the company provides electronic controls, sensor... [Read more]
News
Half Year 2024 Vitesco Technologies Group AG Earnings Call Transcript
Half Year 2024 Vitesco Technologies Group AG Earnings Call Transcript

Vitesco to pay 125 mln euros to Continental in dieselgate settlement
Germany's Vitesco Technologies will pay former parent Continental 125 million euros ($139.34 million) as part of an agreement reached over the diesel manipulation probe, causing the powertrain provide...

Schaeffler to implement job cuts after Vitesco merger, reports WirtschaftsWoche
German machine and car parts maker Schaeffler is to implement job cuts as part of its merger with German EV components maker Vitesco , the firm's CEO Klaus Rosenfeld told German business weekly Wirtsc...

Vitesco Technologies announces merger with Schaeffler AG to drive future electromobility
The Annual General Meeting approved the merger between the two companies, expected to conclude in the fourth quarter of 2024. The merger will create a company that generates significant advantages in ...

Schaeffler AG has Secured 29.88 Percent of Vitesco Technologies Group AG with its Public Tender Offer
Tender offer successful, 11,957,629 Vitesco shares have been tendered Schaeffler AG stake in Vitesco Technologies Group AG around 30 percent Completion of tender offer and payment of consideration on ...

Vitesco says new Schaeffler offer for EV merger 'inadequate'
German automotive supplier Schaeffler raised its offer price for shares in Vitesco Technologies on Monday, as a goodwill gesture, but Vitesco management said the new offer was "inadequate".

Schaeffler AG and Vitesco Technologies Group AGSign Business Combination Agreement
Schaeffler and Vitesco Technologies will create a leading Motion Technology Company with four focused "pure-play" divisions Nine-member Management Board planned; E-Mobility division will be headed by ...

Vitesco Technologies Group: An Attractive Arbitrage Opportunity
Vitesco Technologies Group is an attractive risk arbitrage opportunity with a potential 63% upside and a 32% downside. Activists are applying pressure to Schaeffler AG to improve its takeover offer, w...

Schaeffler AG Publishes Offer Document for Voluntary Public Tender Offer for Outstanding Shares of Vitesco Technologies Group AG – Acceptance Period Starts Today
First step of a planned three-step transaction leading to the merger of Vitesco into Schaeffler and creating a leading Motion Technology Company Offer price of 91 euros per share represents an attract...
Schaeffler CEO says Vitesco takeover bid 'makes a lot of sense'
Klaus Rosenfeld, CEO of Schaeffler, discusses earnings and the firm's takeover bid of Vitesco.

Greenlight Capital Sends Letter to Special Committee of Vitesco Technologies Regarding Schaeffler AG Tender Offer and Merger Proposal
NEW YORK--(BUSINESS WIRE)--Greenlight Capital, Inc. (“Greenlight”), today sent the following letter to the Special Committee of the Supervisory Board of Vitesco Technologies Group AG (“Vitesco”) and M...
German auto group Schaeffler launches takeover bid for Vitesco
Klaus Rosenfeld, CEO of Schaeffler, speaks to CNBC after the German auto group launched a takeover bid for Vitesco.

Vitesco shares soar on 3.64 bln euro Schaeffler deal
Vitesco shares rose 20.3% on Monday morning on news that its largest shareholder Schaeffler AG will launch a tender offer valuing the powertrain supplier at 3.64 billion euros ($3.83 billion).

Vitesco: EV Transition Remains Underestimated
Vitesco was hit by inflationary cost pressures in Q1. But the near-term headwinds are more than outweighed by the long-term EV transition story. With valuations still undemanding as the market adopts ...