Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Va-Q-tec AG    VQT   DE0006636681

VA-Q-TEC AG

(VQT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector news

va Q tec : Founder and CEO is awarded Entrepreneur of the Year

share with twitter share with LinkedIn share with facebook
share via e-mail
10/28/2019 | 08:22am EDT

va-Q-tec AG, the pioneer in highly efficient vacuum insulation products and solutions in the thermal insulation and TempChain logistics is proud to announce that the company's founder and CEO is recognized for two renowned competitions as Entrepreneur of the Year. Dr. Joachim Kuhn became the German national winner of the European Business Awards (EBA) in the category 'Entrepreneur of the Year' and is honored as finalist in the category 'Industry' of the 'EY Entrepreneur Of The Year 2019' competition from the audit and consulting firm Ernst&Young.

Over 120,000 businesses and individuals from 33 countries participated in the world's largest and most prestigious business competition EBA. The national winners were selected by a panel of independent judges including business leaders, politicians and academics. Dr. Joachim Kuhn will now go on to represent Germany at a ceremony in December in Warsaw, Poland to compete for the overall winner in Europe. This award also marks a great achievement for va-Q-tec, as it is the 50th award the company has received since it was founded.

Adrian Tripp, CEO of the European Business Awards said: 'This is a significant achievement and va-Q-tec's Dr. Joachim Kuhn is an outstanding leader in his field. To be chosen as the German National Winner means you show great innovation, ethics and success and va-Q-tec is one of the best businesses in Europe. We wish va-Q-tec and Dr. Kuhn the best of luck in the final round.'

Ernst&Young selects, for the 23rd time, the most outstanding leaders and owner-managed companies in Germany. Hundreds of businesses and individuals participated in the competition 'EY Entrepreneur of the Year', 38 companies made it to the final and 5 in the category 'Industry'. This business award honors entrepreneurship, innovation and personal commitment. The finalists were announced at a festive gala with 900 guests in the Mercedes-Benz Museum in Stuttgart, Germany moderated by the famous anchorwoman Judith Rakers.

Being recognized for these two prestigious business competitions, founder and CEO Dr. Joachim Kuhn expressed: 'I am very proud of where we are today with va-Q-tec, and to be acknowledged among thousands of businesses is a huge compliment to what we are doing. We have managed to adapt our visionary approach to the demands of the market and are continuing to pioneer in our field. I am grateful and very excited to be in this unique position of being honored as 'Entrepreneur of the Year' simultaneously by two independent establishments.'

About the European Business Awards
The European Business Awards is one of the world's largest and most prestigious cross border, cross sector business competitions. It is the 12th time that the EBA is taking place and its primary purpose is to support the development of a stronger and more successful business community throughout Europe. This year National 'Ones to Watch' companies has been selected from over 120,000 businesses in 33 countries in July. In the following the National Winners from each country has faced further judging in their chosen category. The final Category Winners will be announced at the European Business Awards Gala Final in Warsaw, Poland in December 2019.

About EY Entrepreneur of the Year
Every year the international company Ernst and Young with around 270.00 employees recognizes outstanding business personalities in different industries. It is one of the most prestigious awards for entrepreneurial excellence worldwide and takes place in 60 countries all over the world. This year finals was held at the Mercedes-Benz Museum in Stuttgart, Germany and also included a big celebration for EY's 100 year anniversary where the Prime Minister of Baden-Wuerttemberg, Winfried Kretschmann, delivered a speech.

Disclaimer

va-Q-tec AG published this content on 28 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 October 2019 13:21:05 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on VA-Q-TEC AG
03/27VA-Q-TEC AG : Notification and public disclosure of transactions by persons
EQ
03/27VA-Q-TEC AG :
EQ
03/23VA-Q-TEC AG : Preliminary announcement of the publication of financial reports a..
EQ
02/28VA-Q-TEC AG : Preliminary financial results show dynamic growth in 2019
EQ
02/12VA Q TEC : excellently positioned to meet higher demands for thermal logistics w..
EQ
2019VA-Q-TEC AG : Notification and public disclosure of transactions by persons
EQ
2019VA Q TEC : continues on its growth track in the first three quarters of 2019 and..
EQ
2019VA Q TEC : raises its FY 2019 revenue forecast
EQ
2019VA Q TEC : Founder and CEO is awarded Entrepreneur of the Year
PU
2019VA Q TEC : receives awards for growth and innovative strength
PU
More news
Financials (EUR)
Sales 2019 64,5 M
EBIT 2019 -2,40 M
Net income 2019 -2,70 M
Debt 2019 32,0 M
Yield 2019 -
P/E ratio 2019 -34,0x
P/E ratio 2020 -112x
EV / Sales2019 2,31x
EV / Sales2020 1,95x
Capitalization 117 M
Chart VA-Q-TEC AG
Duration : Period :
va-Q-tec AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VA-Q-TEC AG
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 13,83  €
Last Close Price 8,96  €
Spread / Highest target 67,4%
Spread / Average Target 54,4%
Spread / Lowest Target 33,9%
EPS Revisions
Managers
NameTitle
Joachim Kuhn Chairman-Management Board & CEO
Gerald Hommel Chairman-Supervisory Board
Stefan Döhmen Chief Financial Officer
Winfried Klar Member-Supervisory Board
Eberhard Kroth Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
VA-Q-TEC AG-33.63%129
ASSA ABLOY-14.29%20 987
SAINT-GOBAIN-39.27%13 242
MASCO CORPORATION-27.96%9 118
FORTUNE BRANDS HOME & SECURITY, INC-33.81%6 042
TOTO LTD.-4.01%5 658