VAR1.DE - Varta AG

XETRA - XETRA Delayed Price. Currency in EUR
56.90
+1.40 (+2.52%)
At close: 5:35PM CEST
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Previous Close55.50
Open55.60
Bid56.90 x 0
Ask57.10 x 0
Day's Range55.60 - 57.20
52 Week Range22.42 - 57.20
Volume28,905
Avg. Volume65,308
Market Cap2.3B
Beta (3Y Monthly)0.74
PE Ratio (TTM)86.21
EPS (TTM)0.66
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend Date2009-06-08
1y Target Est22.00
  • Does Varta AG (FRA:VAR1) Have A High Beta?
    Simply Wall St.16 days ago

    Does Varta AG (FRA:VAR1) Have A High Beta?

    If you're interested in Varta AG (FRA:VAR1), then you might want to consider its beta (a measure of share price...

  • Is It Too Late To Consider Buying Varta AG (FRA:VAR1)?
    Simply Wall St.2 months ago

    Is It Too Late To Consider Buying Varta AG (FRA:VAR1)?

    Varta AG (FRA:VAR1), which is in the electrical business, and is based in Germany, saw a significant share price rise...

  • Reuters3 months ago

    France, Germany to support battery cell consortium including PSA, Saft

    France and Germany have asked the European Commission to approve state subsidies for a cross-border battery cell consortium including carmaker PSA with its German subsidiary Opel and French battery maker Saft, a German official said on Monday. The two countries have earmarked 1.7 billion euros (£1.4 billion) to support company alliances to help reduce European carmakers' dependence on Asian suppliers and protect jobs at risk from the shift away from combustion engines. The economy ministries of both countries sent a letter of intent to the European Union's executive body asking it to give a provisional go-ahead, a German economy ministry spokeswoman said, without giving a sum for the planned state funding.

  • What Should We Expect From Varta AG's (FRA:VAR1) Earnings Over The Next Few Years?
    Simply Wall St.3 months ago

    What Should We Expect From Varta AG's (FRA:VAR1) Earnings Over The Next Few Years?

    Varta AG's (FRA:VAR1) most recent earnings update in December 2018 indicated that the company gained from a strong tailwind, eventuating...

  • Did You Miss Varta's (FRA:VAR1) Impressive 101% Share Price Gain?
    Simply Wall St.4 months ago

    Did You Miss Varta's (FRA:VAR1) Impressive 101% Share Price Gain?

    Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Unfortunately, investing is risky - companies can and do go bankrupt. But if you pick the right business to buy shares i...

  • Reuters4 months ago

    Europe must build world's best batteries to save jobs - German minister

    BERLIN (Reuters) - German Economy Minister Peter Altmaier said Europe was under pressure in the race to set up production of battery cells for electric cars in order to keep up with China or the U.S., ...

  • Reuters4 months ago

    Volkswagen wants to participate in battery cell subsidies scheme

    Volkswagen on Monday said it had expressed its intent to Germany's Economy Ministry to participate in a state funding scheme aimed at supporting battery cell production for electric vehicles. "Volkswagen group wants to take part in Economy Minister Altmaier's initiative support the industrial production of mobile and static batteries," the company said in a statement. More than 30 companies have applied for the program to support the production of battery cells, the Economy Ministry said on Monday.

  • Reuters4 months ago

    BMW, Varta apply for funds in battery cell push for e-cars

    HAMBURG/BERLIN (Reuters) - Luxury carmaker BMW and Germany's Varta have both applied for state funding aimed at supporting battery cell production for electric vehicles, they said on Friday, hitting a deadline set by the German government. Germany has earmarked 1 billion euros ($1.13 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries. BMW is seeking funds for research and development in the field of battery cells, a spokesman for the group said on Friday, adding this does not mean the company aims to produce them itself.

  • Reuters4 months ago

    Germany's Varta applies for battery cell production subsidies

    German battery maker Varta on Friday said it had applied for government subsidies to mass-produce lithium-ion battery cells, as the Economy Ministry's deadline for companies to send in their applications to receive state subsidies ends. Varta said it was planning to hike production of battery cells to over 60 million cells per year, adding that it was cooperating with European partners to advance European battery cell production. Germany has earmarked 1 billion euros (£854.44 million) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries.

  • Should You Be Worried About Varta AG’s (FRA:VAR1) 6.5% Return On Equity?
    Simply Wall St.6 months ago

    Should You Be Worried About Varta AG’s (FRA:VAR1) 6.5% Return On Equity?

    While some investors are already well versed in financial metrics (hat tip), this article is for those who would like to learn about Return On Equity (ROE) and why it Read More...

  • Reuters6 months ago

    Germany to fund research facility for EV battery technology

    The German government will fund a research facility to offer firms in Germany know-how to develop battery cells for electric vehicles (EVs), the science minister said on Wednesday, seeking to compete with Asian producers which dominate the industry. Anja Karliczek said her ministry would invest 500 million euros ($568 million) to support research into both existing and next-generation EV battery cell technology. "The German car industry shouldn't depend on Asian suppliers," Karliczek told a business conference in Berlin.

  • Moody's6 months ago

    Energizer Gamma Acquisition B.V. -- Moody's confirms Energizer's B1 CFR; outlook stable

    Moody's Investors Service ("Moody's") today confirmed the B1 Corporate Family Rating (CFR) and the B1-PD Probability of Default Rating of Energizer Holdings, Inc. ("Energizer"). Moody's also confirmed the Ba1 (LGD 1) rating on the company's $1.6 billion senior secured credit facilities. Moody's also today confirmed the rating on the company's $600 million unsecured global notes at B2 (LGD 4), the rating on the $500 million unsecured global notes at B2 (LGD 4), and the rating on the E650 million bonds issued by Energizer Gamma Acquisition B.V. at B2 (LGD 4).

  • What Kind Of Investor Owns Most Of Varta AG (FRA:VAR1)?
    Simply Wall St.7 months ago

    What Kind Of Investor Owns Most Of Varta AG (FRA:VAR1)?

    The big shareholder groups in Varta AG (FRA:VAR1) have power over the company. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable Read More...

  • Germany's Varta steps up plans to mass produce electric car battery cells
    Reuters8 months ago

    Germany's Varta steps up plans to mass produce electric car battery cells

    German battery maker Varta (VAR1.DE) has sealed a research agreement to lay the groundwork for mass production of lithium-ion battery cells for electric cars as it seeks to take on Asian leaders in the sector. Varta, which currently specializes in batteries for hearing aids and large storage systems for solar energy, has agreed a cooperation deal with Germany's Fraunhofer Institute, a scientific research body, the two parties said on Monday. The German government has earmarked 1 billion euros ($1.1 billion) to support domestic companies looking to produce battery cells for electric vehicles as a way to reduce German carmakers' dependence on Asian suppliers and protect jobs at risk from the shift away from combustion engines.

  • Reuters8 months ago

    Volkswagen open to joining German battery cell consortium - source

    FRANKFURT (Reuters) - Volkswagen (VOWG_p.DE) is open to joining a German consortium exploring production of electric car battery cells and will discuss the matter at a supervisory board meeting on Friday, ...

  • Reuters8 months ago

    Insight: Stung by Asian dominance, Germany pours cash into EV battery ventures

    Germany has earmarked 1 billion euros ($1.2 billion) to support a consortium looking to produce electric car battery cells and plans to fund a research facility to develop next-generation solid-state batteries, three sources told Reuters. The measures, expected to be announced next week, are designed to reduce the dependence of German carmakers on Asian electric vehicle (EV) battery suppliers and protect German jobs at risk from the shift away from combustion engines. Berlin's push to shape industrial policy marks a break with its generally "hands off" approach to business decisions and is part of European efforts to forge battery alliances to counter the dominance of Chinese, Japanese and Korean firms.

  • Simply Wall St.8 months ago

    Are Varta AG’s (FRA:VAR1) Interest Costs Too High?

    Varta AG (FRA:VAR1), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. However, the trade-off is VAR1 will Read More...

  • Reuters9 months ago

    Germany to unveil battery cell consortium on November 13 - Tagesspiegel

    Germany's economy minister will present plans on Nov. 13 for a consortium to set up a battery cell factory in Germany, supported by 1 billion euros ($1.15 billion) of government financing, German daily Tagesspiegel reported. The consortium is to include Germany's Varta Microbattery (VAR1.DE) and Ford's (F.N) German unit Ford-Werke GmbH, the paper said on Wednesday, citing no sources. Economy Minister Peter Altmaier's plan sees a second factory being set up in the Lausitz region on the German-Polish border, which would receive an additional 1 billion euros in start-up financing from the German government, it added.

  • Reuters9 months ago

    Germany to unveil battery cell consortium on Nov. 13 - Tagesspiegel

    Germany's economy minister will present plans on Nov. 13 for a consortium to set up a battery cell factory in Germany, supported by 1 billion euros ($1.15 billion) of government financing, German daily Tagesspiegel reported. The consortium is to include Germany's Varta Microbattery and Ford's German unit Ford-Werke GmbH, the paper said on Wednesday, citing no sources. Economy Minister Peter Altmaier's plan sees a second factory being set up in the Lausitz region on the German-Polish border, which would receive an additional 1 billion euros in start-up financing from the German government, it added.

  • Simply Wall St.10 months ago

    Does Varta AG’s (FRA:VAR1) PE Ratio Warrant A Sell?

    The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market and want to start learning about core conceptsRead More...