UK Markets close in 7 hrs 18 mins

Voltabox AG (0RV4.L)

LSE - LSE Delayed price. Currency in EUR
Add to watchlist
3.5850+0.2125 (+6.30%)
As of 8:54AM BST. Market open.
Full screen
Previous close3.3725
Open3.5850
Bid0.0000 x 0
Ask0.0000 x 0
Day's range3.5850 - 3.5850
52-week range3.5850 - 3.5850
Volume20
Avg. volumeN/A
Market cap54.918M
Beta (5Y monthly)1.56
PE ratio (TTM)N/A
EPS (TTM)-8.0250
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • EQS Group

    Dr Burkhard Leifhelm steps down from the Voltabox Management Board

    Voltabox AG / Key word(s): PersonnelDr Burkhard Leifhelm steps down from the Voltabox Management Board30-Apr-2021 / 20:06 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Dr Burkhard Leifhelm steps down from the Voltabox Management BoardDelbrück, Germany, April 30, 2021 - As of April 30, 2021, Dr Burkhard Leifhelm is stepping down as a member the Management Board of Voltabox AG. His departure will take place in agreement with the Supervisory Board of Voltabox AG. Mr Dr Leifhelm wants to pursue new professional challenges. Since July 2019, he was assuming the role as member of the Management Board and as such responsible for purchasing and production of Voltabox AG.About Voltabox AG Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a system provider for e-mobility in industrial applications as well as in select mass markets. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are used for applications including commercial vehicles, such as buses for public transportation, forklifts, automated guided vehicles and agricultural and construction machinery. The company also develops and produces high-quality lithium-ion battery systems for select mass-market applications such as starter batteries for motorcycles.Voltabox has production sites at its headquarters in Delbrück, Germany, in Austin, Texas, USA, and in Kunshan, China.Additional information about Voltabox can be found at www.voltabox.ag/en. Contact Voltabox AGStefan WestemeyerArtegastrasse 133129 Delbrück, GermanyTel.: +49 (0) 52 50 - 99 30-685Fax: +49 (0) 52 50 - 99 30-901Email: investor@voltabox.ag30-Apr-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: Voltabox AG Artegastraße 1 33129 Delbrück Germany Phone: +49 (0)5250 9930 964 Fax: +49 (0)5250 9930 901 E-mail: info@voltabox.ag Internet: www.voltabox.ag ISIN: DE000A2E4LE9 WKN: A2E4LE Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1191427 End of Announcement DGAP News Service

  • EQS Group

    Voltabox in the Light of Business Transformation - Refocusing to be Completed in 2021

    DGAP-News: Voltabox AG / Key word(s): Preliminary Results27.04.2021 / 07:00 The issuer is solely responsible for the content of this announcement.Voltabox in the Light of Business Transformation - Refocusing to be Completed in 2021- Preliminary full-year results for 2020 in line with recently issued expectations, targeted EBITDA margin significantly exceeded- Marketing of FSD technology proceeds dynamically as planned - first sample orders and successful contact initiation with several potential licensees - Management Board sets conservative expectations for fiscal year 2021Delbrück, Germany, April 27, 2021 - For Voltabox AG [ISIN DE000A2E4LE9], the 2020 fiscal year was, in line with expectations, another transition year following the significant impact the Corona crisis had on the company. As announced, the company expects the market launch of the new flow-shape design technology in the middle of this year to mark the completion of measures for adapting the business model.According to preliminary, unaudited figures, Voltabox generated revenue of € 18.1 million in fiscal year 2020, slightly above the forecast of € 17 million. EBITDA amounts to € -8.1 million, which corresponds to an EBITDA margin of -44.9%. As announced, there are still individual effects from the inventory valuations of materials that will no longer be used by Voltabox to be reflected in the income statement in the 2020 consolidated financial statements. As expected, the free cash flow of € -1.8 million is slightly negative."After the setbacks of the previous year, we worked hard to steer the Voltabox Group into calmer and safer waters and to quickly achieve profitability. While the Corona pandemic has delayed these plans, we are not letting these hurdles stop us. The groundbreaking development of our flow-shape-design technology is the best proof that Voltabox's focus has been consistently sharpened," says Jürgen Pampel, CEO of Voltabox AG.Voltabox has been doubly affected by the impact of the Corona pandemic. Blocked supply chains in the spring and subsequently significantly reduced call-off volumes from Voltabox customers, who were also noticeably affected by the Corona crisis, characterized the business performance in the past year. Nevertheless, the company was able to make considerable progress towards the "new Voltabox". In addition to concluding a long-term contract for the conversion of diesel buses to electric drives with the customer e-troFit, Voltabox developed a patented technology concept for the lighter, more efficient and more cost-effective construction of lithium-ion batteries. With the Voltabox-Flow-Shape-Design(R) (FSD), Voltabox aims to make the technology with its high market relevance available to a customer base as wide as possible through its own production as well as through out-licensing."Unfortunately, our existing customers continue to order very cautiously, which will presumably continue to significantly characterize our sales and earnings situation until the middle of the year. At the same time, however, we have created extremely exciting opportunities in the market with our FSD technology and the first products developed on this basis," explains Patrick Zabel, CFO of Voltabox AG.As part of the licensing model set up for the commercialization of FSD, Voltabox will enable several customers to use the manufacturing process in the current fiscal year. In the Automotive application area, i.e. cars, trucks and two-wheelers, the longstanding majority shareholder paragon has expressed its intention to license the FSD technology. Voltabox itself will then focus its development and production activities on the core market of industrial applications. These primarily include the branches intralogistics, buses, construction and agricultural machinery, municipal vehicles and stationary power supply.Voltabox AG will also offer production services in the field of highly automated lithium-ion battery production for the first time in these industries; initial inquiries are already being processed. As a result, the company expects a more base capacity utilization."Voltabox has performed well in the past months and years despite all adversities and has created a basis for reaching break-even more quickly. This is clearly an advantage for the current sales process and has once again widened the circle of approaching investors," emphasizes Klaus Dieter Frers, CEO of paragon and Chairman of the Supervisory Board of Voltabox AG.In the 2021 fiscal year, the Voltabox Management Board now expects to generate sales of € 15 million with an EBITDA margin of -15%. The sales potential clearly exceeds this conservative estimate; however, the further recovery of the markets of Voltabox customers remains to be observed. Free cash flow is expected to be in the negative single-digit million range.Due to delays in the audit of the consolidated financial statements, which have been communicated to the company by the auditor, the publication of the annual report has been postponed. Voltabox AG will publish the annual financial report immediately after finalization of the audit documentation. The new financial calendar will be published shortly. Additional information about Voltabox can be found at www.voltabox.ag/en.About Voltabox AG Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a system provider for e-mobility in industrial applications as well as in select mass markets. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are used for applications including commercial vehicles, such as buses for public transportation, forklifts, automated guided vehicles and mining vehicles. The company also develops and produces high-quality lithium-ion battery systems for select mass-market applications such as pedelecs and e-bikes as well as starter batteries for high-performance motorcycles.Voltabox has production sites at its headquarters in Delbrück, Germany, in Austin, Texas, USA, and in Kunshan, China.Additional information about Voltabox can be found at www.voltabox.ag/en. Contact Voltabox AGStefan WestemeyerArtegastrasse 133129 Delbrück, GermanyTel.: +49 (0) 52 50 - 99 30-685Fax: +49 (0) 52 50 - 99 30-901Email: investor@voltabox.ag27.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: Voltabox AG Artegastraße 1 33129 Delbrück Germany Phone: +49 (0)5250 9930 964 Fax: +49 (0)5250 9930 901 E-mail: info@voltabox.ag Internet: www.voltabox.ag ISIN: DE000A2E4LE9 WKN: A2E4LE Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1188385 End of News DGAP News Service

  • EQS Group

    Voltabox Customer Base Continues to be Cautious Because of the Coronavirus - Market Shows High Interest in Innovative FSD Battery Technology

    DGAP-News: Voltabox AG / Key word(s): Profit Warning07.12.2020 / 16:42 The issuer is solely responsible for the content of this announcement.Voltabox Customer Base Continues to be Cautious Because of the Coronavirus - Market Shows High Interest in Innovative FSD Battery Technology- Customers severely affected by the coronavirus pandemic continue to confirm orders at a rate slower than expected in the fourth quarter - postponements to 2021- Revenue forecast for fiscal year 2020 now at € 17 million - absolute EBITDA nevertheless only slightly below expectations- Innovative battery concept Voltabox-Flow-Shape-Design(R) (FSD) is seen as trend-setting by experts and end customersDelbrück, Germany, December 7, 2020 - For the fourth quarter, Voltabox AG [ISIN DE000A2E4LE9] no longer expects, on the basis of the current call-offs, to achieve the operating performance objectives for the current fiscal year that it set on the basis of earlier customer expectations. The reason is the increasing number of messages from customers who, with reference to the coronavirus pandemic, are postponing orders that were initially expected for the current quarter into the coming year, or are holding back planned orders until further notice. At the same time, the Voltabox Management Board sees the positive, appreciative feedback from customers and industry experts on the presentation of the new Voltabox-Flow-Shape-Design(R) battery concept as confirmation of its technological approach and future product strategy. The ongoing caution on the part of customers, whose orders and confirmations in the fourth quarter are at a lower level than originally planned, is mainly due to increased difficulty of planning during the coronavirus pandemic. The Voltabox Management Board thus no longer assumes that the operating business can be increased significantly and in line with planning by the end of the year through comprehensive deliveries. As a result, Voltabox's economic situation in the fourth quarter continues to be particularly affected by the impact of the COVID-19 pandemic. Orders with larger batch quantities will probably not be realized until next year.In the current fiscal year, Voltabox AG most recently aimed for revenue at the lower end of the € 25 to 45 million range with an EBITDA margin of -60 percent. Given the cautious mood now manifesting itself in the end markets in which it is active, the company considers a decline in its revenue to around € 17 million to be realistic. The absolute result at EBITDA level of € -17 million is only slightly below previous expectations. In line with the reduced level of revenue, however, the margin is expected to be reduced to -100 percent. The company expects final effects of the inventory valuation of the old technology to be felt in fiscal year 2020.By mid-2021, as announced last week, Voltabox will significantly and sustainably broaden its revenue structure through the market launch of the new Voltabox-Flow-Shape-Design(R) battery concept. Very soon after the international sales launch, the market acceptance of the new technology was confirmed by a great deal of extraordinarily positive feedback from experts and end customers. "The reactions of customers who operate internationally in particular show that with our solution we have hit a nerve of the market. Well-known potential operators and customers, also beyond the commercial vehicle sector, have underlined their concrete interest in the technology in previous discussions and events held so far to present Flow-Shape-Design. The inquiries indicate that especially the flexibility and safety aspects of the technology concept, the potential for cost savings, the integration possibilities and the focus sectors we want to address with the technology, have received particular attention and are driving this development", explains Jürgen Pampel, CEO of Voltabox AG.The planned licensing model is currently being concretized in discussions, some of which are at an advanced stage, with first pilot customers. Besides, the effects resulting from the launch of Voltabox-Flow-Shape-Design(R) are currently being analyzed. As recently, the company will update its medium-term planning accordingly in its 2020 Annual Report. About Voltabox AG Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a system provider for e-mobility in industrial applications as well as in select mass markets. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are used for applications including commercial vehicles, such as buses for public transportation, forklifts, automated guided vehicles and mining vehicles. The company also develops and produces high-quality lithium-ion battery systems for select mass-market applications such as pedelecs and e-bikes as well as starter batteries for high-performance motorcycles.Voltabox has production sites at its headquarters in Delbrück, Germany, in Austin, Texas, USA, and in Kunshan, China.Additional information about Voltabox can be found at www.voltabox.ag/en. Contact Voltabox AGStefan WestemeyerArtegastrasse 133129 Delbrück, GermanyTel.: +49 (0) 52 50 - 99 30-685Fax: +49 (0) 52 50 - 99 30-901Email: investor@voltabox.ag07.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de Language: English Company: Voltabox AG Artegastraße 1 33129 Delbrück Germany Phone: +49 (0)5250 9930 964 Fax: +49 (0)5250 9930 901 E-mail: info@voltabox.ag Internet: www.voltabox.ag ISIN: DE000A2E4LE9 WKN: A2E4LE Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1153362   End of News DGAP News Service