Log in
E-mail
Password
Show 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
  1. Homepage
  2. Equities
  3. Germany
  4. Xetra
  5. Akasol AG
  6. News
  7. Summary
    ASL   DE000A2JNWZ9

AKASOL AG

(ASL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

AKASOL AG Provides Update on its Framework Agreement

07/15/2021 | 04:00am EDT

AKASOL AG announced that it has signed a strategically important framework agreement with a major bus and commercial vehicle manufacturer from Belgium with a total volume in the mid-double-digit million euro range. The Company will supply the second and third generation of its high-energy battery systems for the customer's new all-electric city bus starting in 2021 until 2026 and thus expand its customer portfolio. AKASOL will supply the second generation of AKASystem 15 OEM 50 PRC high-performance battery systems for the new electric bus to start with. Series manufacturing of the systems is expected to commence in the fourth quarter of 2021 at AKASOL's production facility in Langen, southern Hesse. The Belgian customer plans to equip its electric city buses with the new ultra-high energy battery systems from the Darmstadt-based manufacturer by 2022 at the latest. Through the successful and long-term cooperation with renowned customers from the commercial vehicle industry, AKASOL AG has already proven its far-reaching expertise and technological leadership in the field of electromobility in recent years, while at the same time having the respective capacities for the series production of high-performance Li-ion battery systems. With the commissioning of Gigafactory 1 at the new site in Darmstadt, the company will have 2.5 GWh of capacity available this year, which can be expanded to up to 5 GWh depending on customer requirements.


© S&P Capital IQ 2021
All news about AKASOL AG
08/23BORGWARNER : Shares Congratulatory Message on AKASOL'S Grand Opening of their Gi..
AQ
08/17Akasol Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
08/16PRESS RELEASE : AKASOL opens Gigafactory 1: Europe's largest factory for commerc..
DJ
08/16AKASOL OPENS GIGAFACTORY 1 : Europe's largest factory for commercial-vehicle bat..
EQ
08/16Akasol AG Opens Gigafactory 1, Factory for Commercial-Vehicle Battery Systems
CI
08/13Akasol Opens its New Corporate Headquarters on August 16, 2021
CI
08/09DGAP-AFR : AKASOL AG: Preliminary announcement of the publication of financial r..
DJ
08/03AKASOL AG : Request of the majority shareholder to execute a merger squeeze-out
EQ
08/03DGAP-ADHOC : AKASOL AG: Request of the majority shareholder to execute a merger ..
DJ
07/15PRESS RELEASE : Further expansion in the area of buses: AKASOL concludes long-te..
DJ
More news
Financials
Sales 2021 122 M 143 M 143 M
Net income 2021 1,29 M 1,52 M 1,52 M
Net Debt 2021 53,1 M 62,3 M 62,3 M
P/E ratio 2021 1 403x
Yield 2021 -
Capitalization 758 M 889 M 888 M
EV / Sales 2021 6,66x
EV / Sales 2022 3,56x
Nbr of Employees 337
Free-Float 6,11%
Chart AKASOL AG
Duration : Period :
Akasol AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AKASOL AG
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 4
Last Close Price 125,00 €
Average target price 116,83 €
Spread / Average Target -6,53%
EPS Revisions
Managers and Directors
Sven Schulz Chief Executive Officer
Carsten Bovenschen Chief Financial Officer
Christoph Reimnitz Chairman-Supervisory Board
Marie-Luise Wolff-Hertwig Vice Chairman-Supervisory Board
Christian Brenneke Member-Supervisory Board
Sector and Competitors
1st jan.Capi. (M$)
AKASOL AG28.67%889
KEYENCE CORPORATION26.90%162 439
SCHNEIDER ELECTRIC SE29.32%99 896
NIDEC CORPORATION6.20%73 429
EATON CORPORATION PLC32.59%62 821
EMERSON ELECTRIC CO.22.91%57 664