Thomas J. Schiessle
EUR 190.00 For Business Accounts Only

VARTA setzt scharfen Expansionskurs fort – Soft Guidance 2020 sieht „kräftiges Wachstum“ - Nachfrage ungebremst

In Q4/19 beschleunigte sich das Wachstum erneut, so dass laut 12M/19-prelim der Konzernerlös um 34 % (9M/19: +22 %) auf € 364 Mio. stieg. Der Jahresschluß war erfolgreicher (sehr gutes Weihnachtsgeschäft) und verlief über unseren, den Markterwartung und der dreimal angehobenen Guidance 2019. Und noch höher als im Gj. 2019 (Umsatz/adj. EBITDA: +34 %/+95 %) soll das originäre Wachstum im Gj. 2020 werden, so der CFO auf der Telefonkonferenz am 18.02.20.


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.


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.

Thomas J. Schiessle

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