Who is the CEO of Varta AG?

Mr. Michael Ostermann is a business executive who currently serves as the CEO of Varta AG.

What is the Revenue Growth of Varta AG?

Revenue growth data for Varta AG is currently unavailable.

What is Varta AG operating Margin?

Varta AG operating margin is -3.07% which shows how much profit VAR1.DE earns from each dollar of sales, after subtracting the direct costs tied to generating that revenue.

In which market sector does Varta AG operate?

Varta AG falls under the Industrials sector which thrives across multiple industries. It stays competitive through its diverse product lineup, which spans computer hardware, tech gadgets, video streaming services, and cloud computing solutions.

What is Varta AG revenue growth?

Revenue growth data for Varta AG is currently unavailable.

Varta AG

VAR1.DE•XETRA

IndustrialsElectrical Equipment & Parts

$1.21

$-0.04(-3.04%)

Varta AG (VAR1.DE) Stock Overview

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Company Profile

Varta AG, through its subsidiaries, researches, develops, produces, and sells microbatteries, household batteries, and energy storage solutions worldwide. It operates in two segments, Lithium-Ion Solutions & Microbatteries and Household Batteries. The Lithium-Ion Solutions & Microbatteries segment offers zinc-air batteries primarily for use in hearing aid devices; lithium-ion battery solutions for wireless headphones; wearables, which include medical devices to measure hypertension, blood sugar, and other bodily functions, as well as the power supply for COVID19 antibody tests; and rechargeable battery solutions for industrial and original equipment manufacturers for use in various applications, such as servers, car keys, alarm systems, or smart meters. This segment is also involved in the development, system integration, and assembly of lithium-ion battery packs for portable industrial, communication devices, electric power tool, home, garden, and medical applications. The Household Batteries segment offers household batteries, rechargeable batteries, chargers, power banks, lights, and energy storage systems. The company was founded in 1887 and is headquartered in Ellwangen, Germany. Varta AG is a subsidiary of Montana Tech Components AG.

CEO

Mr. Michael Ostermann

Employees

4,049

Headquarters

VARTA-Platz 1, Ellwangen

Founded

2007