Voltabox AG Reports Consolidated Earnings Results for the First Half of 2019; Reaffirms Earnings Guidance for the Full Year of 2019
On August 12, 2019, the Management Board of the company announced an adjustment to its sales and earnings forecast for the 2019 financial year. This is due to the partial postponement of a major order to the American subsidiary Voltabox of Texas Inc. until 2020 and the conversion of an important cell supplier to the latest technology, which will lead to a temporary interruption of production in some areas at Voltabox. For the 2019 fiscal year, the company expects revenues of between EUR 70 million and EUR 80 million.