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VARTA AG
is prepared for the challenges of the 21st century, with innovativeness, engineering competences, a global network, and a wide range of products.
Business Model
VARTA AG produces and markets an extensive battery portfolio from microbatteries, household batteries, energy storage systems to customer-specific battery solutions for a wide range of applications. As the group’s parent company, it operates in the business segments ‘Microbatteries & Solutions’ and ‘Household Batteries’.
The Microbatteries & Solutions segment focuses on the OEM business for microbatteries and on the lithium-ion battery pack business. Through intensive research and development, VARTA sets the global benchmark in the microbattery segment and is an acknowledged innovation leader in the important growth markets of lithium-ion technology and in primary hearing aid batteries.
The Household Batteries segment focuses on the battery business for end customers, including household batteries, rechargeable batteries, chargers, portable power (power banks) and lights as well as energy storage systems.
The VARTA AG group currently employs almost 4,000 people. With five production and manufacturing facilities in Europe and Asia as well as sales centers in Asia, Europe and the USA, the operating subsidiaries of VARTA AG are currently active in over 75 countries worldwide.
Due to the high demand for our batteries, we have to partially expand our production capacities massively. A clear proof for the attractiveness and quality of our products. We consider ourselves a technology leader constantly testing the limits of energy storage. Our success is rooted in a capable R&D department and pioneering innovations.
Management Board
Supervisory Board
Financial Figures
Combined financial statements (as if the Group already existed in 2014)
| 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | CAGR 2014 to 2019 | |
|---|---|---|---|---|---|---|---|
| Sales (EUR Mio.) | 362.7 | 271.7 | 242.157 | 213.815 | 195.093 | 169.038 | 17 % |
| Adjusted1 EBITDA (EUR Mio.) | 97.5 | 50.2 | 39.132 | 26.099 | 22.857 | 19.368 | 38 % |
| CAPEX in % | 28.3 | 20.7 | 7.0 | 4.2 | 4.4 | 4.4 | — |
| Net working Capital in % | 5.0 | 15.4 | 17.1 | 16.9 | 11.7 | 16.9 | — |
1Adjusted for non-recurring or unusual items.
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