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Varta AG (XTER:VAR1) Research & Development : €0.0 Mil (TTM As of Sep. 2023)


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What is Varta AG Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Varta AG's Research & Development for the three months ended in Sep. 2023 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was €0.0 Mil.


Varta AG Research & Development Historical Data

The historical data trend for Varta AG's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Varta AG Research & Development Chart

Varta AG Annual Data
Trend Dec09 Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
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Varta AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Varta AG Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Varta AG  (XTER:VAR1) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Varta AG Research & Development Related Terms

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Varta AG (XTER:VAR1) Business Description

Traded in Other Exchanges
Address
VARTA-Platz 1, Ellwangen, BW, DEU, 73479
Varta AG manufactures and markets a wide range of industrial, commercial, and miniaturized batteries for equipment and devices. It operates in five reportable business segments: Micro Batteries, Lithium-Ion CoinPower, Consumer Batteries, Energy Storage Systems, and Others. The company generates the majority of its revenue from the Consumer Batteries segment which comprises the product categories of household comprises the product categories of household batteries, rechargeable batteries, chargers, portable power (power banks), and lights.
Executives
Rainer Hald Board of Directors
Martin Ohneberg Supervisory Board
Ddr. Michael Tojner Supervisory Board
Dr. Markus Hackstein Board of Directors
Dr. Michael Pistauer Supervisory Board
Herbert Schein Board of Directors
Armin Hessenberger Board of Directors

Varta AG (XTER:VAR1) Headlines

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