EQS-Adhoc: VARTA AG: VARTA AG exceeds market expectations for the third quarter and confirms full-year guidance
EQS-Ad-hoc: VARTA AG / Key word(s): Forecast
VARTA AG: VARTA AG exceeds market expectations for the third quarter and confirms full-year guidance
10-Nov-2023 / 11:05 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
VARTA AG, Ellwangen, ISIN: DE000A0TGJ55
Publication of inside information pursuant to Article 17 of Regulation (EU) No 596/2014
VARTA AG exceeds market expectations for the third quarter and confirms full-year guidance
VARTA AG exceeded market expectations in the third quarter of fiscal year 2023. According to preliminary, unaudited figures, revenue in the third quarter totalled € 215.1 million and adjusted EBITDA € 29.4 million. Accordingly, revenue for the first nine months of the current year amounted to € 554 million and adjusted EBITDA to € 22.6 million. VARTA also confirms the full-year forecast for 2023: revenue around € 820 million, adjusted EBITDA between € 40 million and € 60 million.
Contact:
Emanuel Sican
Head of Investor Relations, VARTA AG
VARTA-Platz 1, 73479 Ellwangen
Tel.: +4979619213115
IR@varta-ag.com
End of Inside Information
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