Ellwangen, 14th November 2023
VARTA AG achieves best quarter of the current financial year to date
Rising seasonal demand, successful restructuring measures, falling material and energy costs and selective price adjustments have a positive impact on results.
Significant increase compared to the same quarter of the previous year: revenue Q3 2023:
€ 215.1 million (Q3 2022: € 193.9 million), adjusted EBITDA Q3 2023: € 29.4 million (Q3 2022:
€ -2.5 million)