Company Varta AG

Equities

VAR1

DE000A0TGJ55

Electrical Components & Equipment

Market Closed - Xetra 12:35:00 2024-03-28 pm EDT After market 04:59:30 pm
14.8 EUR +3.31% Intraday chart for Varta AG 14.76 -0.34%

Business Summary

Varta AG is a Germany-based company, that manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. The Company offers lithium-ion batteries for hearing aids, cameras, telephones, toys, watches, wearables, and headphones. Varta serves micro battery sectors worldwide. The Company's activity also include management of 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, including the administration of assets acquired or held in this respect.

Number of employees: 4,049

Sales per Business

EUR in Million2021Weight2022Weight Delta
Consumer Batteries
45.3 %
- - 366 45.3 % -
Micro Batteries
20.3 %
- - 164 20.3 % -
Lithium-ion Coinpower
16.9 %
- - 137 16.9 % -
Energy Storage Systems
11.3 %
- - 91 11.3 % -
Others
6.2 %
- - 50 6.2 % -

Sales per region

EUR in Million2021Weight2022Weight Delta
Europe
40.2 %
312 34.6 % 324 40.2 % +3.74%
Germany
30.7 %
211 23.4 % 247 30.7 % +17.31%
Asia
12.8 %
319 35.3 % 104 12.8 % -67.54%
China
10.8 %
-- 87 10.8 % -
America
4.3 %
49 5.4 % 35 4.3 % -29.44%
Other
1.3 %
12 1.3 % 10 1.3 % -10.66%

Managers

Managers TitleAgeSince
Director of Finance/CFO 53 23-04-30
Chief Tech/Sci/R&D Officer 55 21-12-31
Corporate Officer/Principal - 17-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 57 16-04-13
Director/Board Member 53 21-06-16
Chairman 58 11-12-31
Director/Board Member 68 16-04-13
Director/Board Member 55 19-05-20

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 42,641,686 21,192,918 ( 49.70 %) 0 49.70 %

Shareholders

NameEquities%Valuation
20,332,109 47.68 % 331 M €
Amundi Asset Management SA (Investment Management)
0.1531 %
65,295 0.1531 % 1 M €
Mapfre Asset Management SGIIC SA
0.0368 %
15,711 0.0368 % 256 130 €
Heidenheimer Volksbank eG (Investment Mgmt)
0.0319 %
13,600 0.0319 % 221 715 €
CAPFI DELEN Asset Management NV
0.0258 %
11,000 0.0258 % 179 328 €
Consultinvest Asset Management SGR SpA
0.0242 %
10,300 0.0242 % 167 917 €
Privalux Management SA
0.0235 %
10,000 0.0235 % 163 026 €
Azimut Capital Management SGR SpA
0.0235 %
10,000 0.0235 % 163 026 €
Bayerische Vermögen AG
0.0131 %
5,600 0.0131 % 91 295 €
Universal-Investment-Gesellschaft mbH (Invt Mgmt)
0.0117 %
5,000 0.0117 % 81 513 €

Company contact information

Varta AG

VARTA-Platz 1

73479, Ellwangen

+49 7961 921 0

http://www.varta.de
address Varta AG(VAR1)

Group companies

NameCategory and Sector
Electrical Products
Financial Conglomerates