30.07.2022 VARTA AG  DE000A0TGJ55

DGAP-Adhoc: VARTA AG: Preliminary results for the first half of 2022 and adjustment of outlook for the current financial year


 

DGAP-Ad-hoc: VARTA AG / Key word(s): Change in Forecast
VARTA AG: Preliminary results for the first half of 2022 and adjustment of outlook for the current financial year

30-Jul-2022 / 08:54 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


VARTA AG, Ellwangen, ISIN: DE000A0TGJ55


Publication of insider information pursuant to Article 17 of Regulation (EU) Nr. 596/2014

 

Preliminary results for the first half of 2022 and adjustment of outlook for the current financial year

 

Ellwangen, 30th July 2022

 

VARTA AG: Preliminary results for the first half of 2022 and adjustment of outlook for the current financial year

 

  • Revenue was declining by 5.2% to 376.8 EUR million (Half year 2021: 397.6 EUR million)
  • Adjusted EBITDA reaches 68.9 EUR million (Half year 2021: 112.3 EUR million) and is below expectations
  • Outlook for 2022 adjusted

Ellwangen, July 30th, 2022 – According to preliminary figures, VARTA AG achieved revenue of EUR 376.8 million in the first half of 2022 (Half year 2021: EUR 397.6 million). This corresponds to a decline in sales of 5.2% percent compared to the same period last year.

Preliminary adjusted EBITDA (earnings before interest, taxes, depreciation and amortisation) was EUR 68.9 million (first half of 2021: EUR 112.3 million), which was below our expectations.

The main reasons are delays in customer projects as well as the continuing tense situation with raw material, energy prices and high transport costs.

Against the background of the increased uncertainties in the course of the year, the Executive Board has decided to update the forecast for the financial year. The Executive Board expects a revenue of EUR 880 million to EUR 920 million (previously EUR 950 million to EUR 1 billion) and an adjusted EBITDA of EUR 200 million to EUR 225 million (previously EUR 260 million to EUR 280 million).

The final figures for the first half of 2022 will be announced on 11th August 2022 at https://www.varta-ag.com/publications.

 


30-Jul-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: VARTA AG
VARTA-Platz 1
73479 Ellwangen
Germany
Phone: +49 (0)791-921-0
E-mail: [email protected]
Internet: www.varta-ag.com
ISIN: DE000A0TGJ55
WKN: A0TGJ5
Indices: MDAX, SDAX, TecDax,
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1409687

 
End of Announcement DGAP News Service

1409687  30-Jul-2022 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2016 2017 2018 2019 2020 2021 2022e
Umsatzerlöse1 213,82 242,16 271,65 362,69 869,58 902,93 840,00
EBITDA1,2 23,77 33,09 47,39 91,62 212,63 282,18 80,00
EBITDA-Marge3 11,12 13,66 17,45 25,26 24,45 31,25 9,52
EBIT1,4 14,85 23,64 36,87 70,77 146,01 186,51 -20,00
EBIT-Marge5 6,95 9,76 13,57 19,51 16,79 20,66 -2,38
Jahresüberschuss1 9,41 13,54 25,70 50,46 95,51 125,96 -38,00
Netto-Marge6 4,40 5,59 9,46 13,91 10,98 13,95 -4,52
Cashflow1,7 24,15 22,02 69,85 105,73 232,86 114,50 40,00
Ergebnis je Aktie8 0,25 0,36 0,66 1,28 2,36 3,12 -0,90
Dividende8 0,00 0,00 0,00 0,00 2,48 2,48 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2021 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: KPMG

INVESTOR-INFORMATIONEN
©boersengefluester.de
Varta
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0TGJ5 26,950 Halten 1.089,36
KGV 2024e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
33,69 37,20 0,89 23,54
KBV KCV KUV EV/EBITDA
3,16 9,51 1,21 5,39
Dividende '22 in € Dividende '23e in € Div.-Rendite '22e
in %
Hauptversammlung
0,00 0,00 0,00 11.05.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
15.05.2023 11.08.2023 15.11.2022 30.03.2023
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,78% -51,53% 19,57% -71,51%
    
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