Ag bets

broken image

Guidance confirmed: Revenue of around € 820 million are expected by the end of the year, with adjusted EBITDA between € 40 million and € 60 million.'Energy Storage Systems' is a sustainable growth driver.'Consumer Batteries' remains a stable mainstay of VARTA AG.The 'Lithium-Ion CoinPower' segment shows significant improvement in Q3 2023.VARTA maintains its leading global position in 'Micro Batteries' over the course of the year.Broad product portfolio supports good result in the 3 rd quarter.Significant increase compared to the same quarter of the previous year: revenue Q3 2023:.Rising seasonal demand, successful restructuring measures, falling material and energy costs and selective price adjustments have a positive impact on results.VARTA AG achieves best quarter of the current financial year to date

broken image