|Bid||2.3800 x 100000|
|Ask||2.5800 x 100000|
|Day's Range||2.2600 - 2.3200|
|52 Week Range||1.7700 - 3.9600|
|Beta (5Y Monthly)||2.15|
|PE Ratio (TTM)||2.55|
|Forward Dividend & Yield||0.10 (4.31%)|
|Ex-Dividend Date||May 25, 2023|
|1y Target Est||N/A|
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Volkswagen could score one of its major clients as a strategic investor in its battery unit PowerCo, Chief Financial Officer Arno Antlitz said, not ruling out that there could be several investors down the line. The battery unit's first planned client is Ford, to whom it will deliver cells for vehicles the U.S. carmaker is building in Europe on Volkswagen's electric MEB platform. It is also in advanced talks with Mahindra about delivering battery cells and its MEB electric platform, making the Indian company another possible strategic investor candidate.
Shares of Aurubis tumbled after the German copper producer and recycler said it was likely a [victim of a major theft](https://www.wsj.com/world/europe/massive-metals-theft-reported-at-europes-largest-copper-producer-51c2b39f), and scrapped its financial outlook.
Salzgitter suspended its earnings guidance for 2023 after its Aurubis unit said thieves had stolen copper with a value in the three-digit-million-euro range, prompting a profit warning.