The battery company VARTA looks significantly more optimistic about the art businesses thanks to the boom wireless headhortry. The forecasts for sales and earnings in the current year was ahead of the Board of Directors Herbert Schein again in the high. "The trend of the mobile phone manufacturer is clear: the cable is a thing of the past", said light on Thursday. "In the near future, the only interface will be wireless." It should be expected that the swivel to the wireless advice would be strengthened.
High sales expected
The revenue forecast for this year raised management to 840 to 860 million euros, as the company noted in the MDAX Varta announced on Thursday in Ellwangen. So far, Varta had planned with 810 to 830 million euros. The result-adjusted earnings before interest, taxes and depreciation was allowed to reach 230 to 235 million euros after 97.5 million euros in the previous year. Previously, the management had placed only up to 215 million euros.
Varta was in particular last year of the darling of investors at the Borse, but had to fight this year with inheritance products, litigation and the Corona crash. At the beginning of August, VARTA puts a dispute with the coarse customer Samsung and agreed on new delivery agent. Varta had accused patent infringements for Koreans because of the purchase of inheritance products. The company is at its own representation world market drivers for battery button cells in headhortry, as you can bring electronic giants such as Samsung and Apple with their smartphones to the clientele.
Technical progress in energy storage speeds progressed quickly, said light. "So we will increase the production speed in the coming year by more than 50 percent and thus even more efficient. The increase in the energy density of our small lithium-ion batteries is planned at the end of the year and will give us more competitive advantages." VARTA wants to raise production capacity to 300 million batteries until the end of 2021.