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Varta H1 Result Up 14.3% To EUR 45.6 Million
Varta H1 Consolidated Result Up At EUR 45.6 Million
Varta posts 16% increase in Q1 adj. EBITDA
Varta AG is a Germany-based company engaged in the administration of its former property. Its activity is mainly focused in the management of its own assets, in particular the sale and liquidation of individual assets, contracts, liabilities and shareholdings relating to the business areas previously managed by the Company itself and its subsidiaries, specially the manufacture and sale of VARTA batteries, including the administration of assets acquired or held in this respect. The Company’s majority shareholder is ETV Holding AG with 94.82% of its interest.
Electronic Instr. & Controls
Independent Chairman of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer
Independent Deputy Chairman of the Supervisory Board
Chief Financial Officer, Member of the Management Board
Independent Member of the Supervisory Board
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Germany's Varta AG will supply high-performance battery cells to luxury sportscar maker Porsche AG, a spokesperson for the battery maker said.
* MAKES POSITIVE START TO NEW FISCAL YEAR 2020 WITH SHARP INCREASES IN REVENUE AND EBITDA - GUIDANCE CONFIRMED
* DGAP-NEWS: VARTA AG: VARTA AG CLOSES 2019 WITH STRONG BUSINESS FIGURES - CONTINUED POSITIVE OUTLOOK FOR 2020
German battery maker Varta secured EU antitrust approval on Tuesday to buy U.S rival Energizer's Varta branded consumer batteries business after pledging to supply its products to wholesalers globally.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.