Voltabox Amends Fiscal Year 2023 Forecast: What to Expect

• Voltabox AG has adjusted its forecast for Group revenue and EBITDA for the 2023 fiscal year.
• The company now expects revenue of approximately €11 million for the full year, lower than the previous forecast of €12.8 million.
• The unadjusted EBITDA is expected to be approximately €-1.0 million, with an EBITDA margin of approximately -9.0%.
• The adjustment is due to a compensation payment of €400,000 to a former customer for a missed delivery deadline.
• The negative price trend and intensified competition in the market for photovoltaic modules are also contributing factors to the lower than expected revenues.
• Voltabox specializes in providing e-mobility solutions in industrial applications, primarily through high-performance lithium-ion battery systems.

The next important date, Interim Group Report as of September 30, 2023 - Nine months, at Voltabox is on 16.11.2023.
The price of Voltabox at the time of the news was 1,5550EUR and was up +9,12 % compared with the previous day.
9 minutes after the article was published, the price was 1,4100EUR this corresponds to a minus of -9,32 % since publication.

Voltabox

+0,20 %

+4,89 %

+19,95 %

-3,90 %

-29,57 %

-66,55 %

-91,92 %

-95,86 %

ISIN:DE000A2E4LE9WKN:A2E4LE

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