Report
Sandy Eskaros
EUR 190.00 For Business Accounts Only

Expansionskurs beschleunigt sich im Q1/20 - Erwartung übertroffen – keine COVID-19-Bremsspuren in Sicht

Q1/20 war von kräftiger Wachstumsbeschleunigung geprägt und überraschte die Analysten. Damit hat die jetzt „voll bestätigte“ Guidance 20 ihren Sicherheitspuffer spürbar ausgeweitet. Ergänzt um das zugekaufte Consumer-Geschäft, soll ein zum Vj. höheres originäres Umsatzwachstum erzielt werden.

Die angekündigte Produktinnovation und der Kapazitätsaufbau bei CoinPower lassen das adj. Plan-EBITDA ggü. Vj. dynamischer wachsen, obgleich die durchfinanzierte Expansionsfinanzierung steigt. CEO H. Schein bestätigt anlässlich der Telko am 15.05.20 von COVID-19-Einschränkungen nicht wesentlich betroffen zu sein.

Underlying
VARTA AG

Varta is a holding company. Through its subsidiaries, Co. is engaged in the manufacturing and sale of industrial batteries, starter batteries and consumer batteries for types of electrical energy requirements, including passenger cars, commercial vehicles, motor cycles, tractors, construction and agricultural machinery, boats, air crafts, portable radio & television sets, and other applications. Co. also produces Varta-Plastic which includes casings for mobile telephones, boot linings, center consoles, glove compartments, shelves and housings for personal computers, printers, keyboards and typewriters. Other sectors include; chemical products, and machinery and plant business.

Provider
EQUITS GmbH
EQUITS GmbH

EQUI.TS GmbH is an innovative, equity research boutique based in Frankfurt (Germany). It is operated by its original founders and has established a reputation as a quality research provider over a period of more than 10 years. Although it generally does not focus on any particular branch of industry, its analyses often revolve around technology and growth stocks.

Analysts
Sandy Eskaros

Other Reports on these Companies
Other Reports from EQUITS GmbH
Other Reports from these Analysts

ResearchPool Subscriptions

Get the most out of your insights

Get in touch