NEWS FROM THE WIRES |
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Varian Medical profits rise on strong sales Jul 25 2001 01:35 PM PDT
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PROFILE |
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Varta powers itself with battery know-how. The company makes alkaline-manganese, zinc-carbon, and lithium batteries. A leader in the Western European and Latin American battery markets, Varta offers disposable and rechargeable batteries for a variety of products, including cameras, flashlights, stereos, hearing aids, and toys through its portable battery division (52% of sales). Varta's automotive battery division also supplies power to cars, buses, motorcycles, and boats with new batteries and replacements. Europe accounts for nearly 80% of Varta's sales; the US accounts for over 15%. Three children from the second marriage of the late German industrialist Herbert Quandt own about 40% of Varta.
COMPETITION |
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 1,046.70
1-Yr. Sales Growth: (0.2)%
Employees: 7,863
Revenue per employee: $133,117.13
KEY PEOPLE |
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Georg Prilhofer
CEO
Walther Wever
CFO
CONTACT INFO |
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Am Leineufer 51
30419 Hanover, Germany
Phone: 49-511-79-03-0
Fax: 49-511-79-03-7-66
Online: Web Site
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