FRANKFURT (dpa-AFX) - The consequences of a cyberattack caused uncertainty among Varta investors on Friday. The battery manufacturer had already announced the hacker attack on February 13, 2024, but has now announced that the annual report will be delayed as a result and the Annual General Meeting on May 23 cannot take place. Following this news, the share price temporarily plummeted by 8.4 percent on Friday to a record low. The discount was then somewhat reduced to 2.7 percent.

The battery company had shut down its IT systems and production in mid-February following the hacker attack and was still dealing with the consequences. The day before, a spokesperson had explained that it was not yet possible to reliably assess the extent to which the attack would affect Varta's business. Nevertheless, large parts of production have restarted around a month after the cyberattack.

According to the statement, the company is continuing to work intensively on the gradual recommissioning of the systems. Varta emphasized that access to the information required for finalizing and auditing the financial reports was not possible or only possible to a very limited extent. This situation is still largely unchanged./tih/mis