VARTA AG Reports 2024 Sales Drop to EUR 793.2M, Adjusted EBITDA at EUR 30.6M

VARTA AG has released its financial results for the fiscal year 2024, reporting a decrease in revenue to EUR 793.2 million from EUR 820.3 million the previous year. The company’s EBITDA was recorded at EUR -3.5 million, compared to EUR 25.5 million in 2023, while the adjusted EBITDA, a key metric for VARTA AG, reached EUR 30.6 million, down from EUR 50.4 million in the prior year. These results primarily reflect the financial impact of the company’s operational restructuring and special effects related to a cyber-attack in February 2024. The company has completed its restructuring and is now focusing on sustainable profitability and growth. Strategic efforts are directed towards enhancing its core businesses, particularly in the high-margin areas of micro and household batteries, as well as stationary energy storage systems. VARTA AG aims to strengthen its competitiveness and expand its position as a European leader in innovative energy storage solutions. CEO Michael Ostermann emphasized the importance of strategic focus and operational discipline, stating that the company is poised to continue on a profitable and sustainable path forward. The newly appointed supervisory board, led by Günther Apfalter, is expected to bolster expertise and governance, reflecting the company’s evolving shareholder structure. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VARTA AG published the original content used to generate this news brief on August 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here