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MarketScreener Homepage  >  Equities  >  Xetra  >  Akasol AG    ASL   DE000A2JNWZ9

AKASOL AG

(ASL)
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Akasol : Inks Battery Cell Deal With Samsung SDI

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09/23/2019 | 11:53am EST

By Carlo Martuscelli

Akasol AG said Monday that it selected Samsung SDI Co. Ltd. (006400.SE) to supply it with lithium battery cells for two large orders made by unnamed global vehicle manufacturers.

Under the terms of the agreement, Samsung SDI will supply Akasol with lithium-ion battery cells for a capacity of 13 gigawatt hours. The supply deal runs from 2020 to 2027.

The German company said that this builds on an already-existing agreement with Samsung SDI.

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
AKASOL AG 2.52% 34.17 Delayed Quote.-1.89%
SAMSUNG SDI CO LTD End-of-day quote.
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Financials (EUR)
Sales 2019 48,1 M
EBIT 2019 2,35 M
Net income 2019 -1,11 M
Finance 2019 24,6 M
Yield 2019 -
P/E ratio 2019 -134x
P/E ratio 2020 36,8x
EV / Sales2019 3,72x
EV / Sales2020 1,83x
Capitalization 203 M
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Technical analysis trends AKASOL AG
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Income Statement Evolution
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Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 47,36  €
Last Close Price 33,56  €
Spread / Highest target 75,8%
Spread / Average Target 41,1%
Spread / Lowest Target 1,33%
EPS Revisions
Managers
NameTitle
Sven Schulz Chief Executive Officer
Christoph Reimnitz Chairman-Supervisory Board
Carsten Bovenschen Chief Financial Officer
Marie-Luise Wolff-Hertwig Vice Chairman-Supervisory Board
Christian Brenneke Member-Supervisory Board
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