In business since 1887, Varta AG produces alectrical equipment and parts and has :ocussed its efforts on the research, development, production, sale, and marketing af microbatteries and energy storage solutions. Headquartered in Ellwangen, Germany, Varta AG operates a global business with five production facilities in Europe and Asia, as well as sales centres in Europe, Asia, and the US.
Listed on the Xetra stock exchange, Varta AG has been assigned the VAR1 ticker. As of October 2020, this stock has a 1 -year return of 27.68%. During the 52 weeks prior to October 2020, the VAR1 share price had a iow of $50.50 in March 2020 before rising to a 52-week high of $138.70 in September 2020.
Varta AG operates in two business segments: Microbatteries 8< Solutions and Household Batteries. In the Microbatteries &. Solutions segment, Varta AG is acknowledged as an innovator in primary hearing aid batteries as well as in lithium-ion technology. This business segment is focused on the OEM market, whilethe Household Batteries segment focuses on solutions for end customers, induding rechargeable batteries, household batteries, power banks, chargers, lights, and energy storage systems. |
