Varta Overview

  • Year Founded
  • 1887

Year Founded

  • Status
  • Public

  • Employees
  • 4,049

Employees

  • Stock Symbol
  • VAR1

Stock Symbol

  • Investments
  • 2

  • Share Price
  • $20.26
  • (As of Tuesday Closing)

Varta General Information

Description

Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.

Contact Information

Formerly Known As
Accumulatorenfabrik, Accumulators Factory Tudorschen Systems Büsche & Müller OHG
Ownership Status
Publicly Held
Financing Status
Corporation
Primary Industry
Energy Storage
Other Industries
Automotive
Stock Exchange
ETR
Primary Office
  • VARTA-Platz 1
  • 73479 Ellwangen
  • Germany
+49 07961 0000

Varta Timeline

2020202120222023
Financing RoundCaptured Employee CountEstimated Employee Growth

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Varta Stock Performance

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$20.26 $20.00 $14.78 - $34.76 $864M 42.6M 105K -$7.97

Varta Financials Summary

In Thousands,
USD
TTM 30-Sep-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 846,767 1,029,963 5,320,114 5,799,223
Revenue 843,237 848,394 1,067,534 991,249
EBITDA (146,768) (82,207) 328,328 233,385
Net Income (315,927) (210,722) 148,918 108,760
Total Assets 1,212,834 1,349,563 1,427,053 1,381,011
Total Debt 89,223 93,403 110,624 95,985
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Varta Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Varta Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and d
Energy Storage
Ellwangen, Germany
4,049 As of 2023
00000
000000000 00000

00000

fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in c
000000 0000000
Karachi, Pakistan
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Varta Competitors (1)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
00000 00000000 Corporation Karachi, Pakistan
You’re viewing 1 of 1 competitors. Get the full list »

Varta Patents

Varta Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
DE-7241187-U Device for lifting plate blocks out of block boxes Inactive 17-May-1973 000000000
DE-7241462-U Device for establishing the electrical connection between an end pole of a lead-acid battery cell and a connecting cable Inactive 05-Apr-1973
DE-7240605-U Spacer for accumulator cells arranged in a battery carrier Inactive 01-Feb-1973
DE-7236178-U Plate block for exchanging moisture and heat, in particular for humidifying air for operating electrical fuel elements Inactive 11-Jan-1973
DE-7236179-U Porous single or multilayer flat body Inactive 11-Jan-1973
To view Varta’s complete patent history, request access »

Varta Executive Team (8)

Name Title Board Seat Contact Info
Marc Hundsdorf Chief Financial Officer
Rainer Hald Chief Technology Officer
Markus Hackstein Managing Director & Board of Directors
Michael Giesswein Chief Restructuring Officer
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Varta Board Members (4)

Name Representing Role Since
000000 000000000 Varta Managing Director & Board of Directors 000 0000
0000000 00000000 0 Varta Board Member 000 0000
0000 000000 Varta Board Member 000 0000
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Varta Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Varta Investments & Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Varta (Consumer Battery Business) 02-Jan-2020 0000000000 00000 Electronics (B2C) 0000000 0
VB Autobatterie 01-Jan-1991 Joint Venture Road
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Varta Subsidiaries (3)

Company Name Industry Location Founded
Varta Micro Production Electrical Equipment Nordlingen, Germany 2018
Varta Storage Machinery (B2B) Nordlingen, Germany 0000
Varta (Consumer Battery Business) Electronics (B2C) Ellwangen, Germany 0000
To view Varta’s complete subsidiaries history, request access »

Varta ESG

Risk Overview

Risk Rating

Updated September, 26, 2023

14.46 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 15,708

Rank

0.00

Percentile

Electrical Equipment

Industry

00 of 277

Rank

0.00

Percentile

Electrical Equipment

Subindustry

00 of 277

Rank

0.00

Percentile

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Varta Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
VB Autobatterie 01-Jan-1991 00000 0000000 Completed
  • 2 buyers
To view Varta’s complete exits history, request access »