Voltabox AG reported consolidated earnings results for the first half of 2019. For the period, the company generated group revenue of EUR 32.1 million against EUR 18.1 million a year ago, which constitutes an increase of 77.3 %. LBIT amounted to EUR 3.6 million after EUR 0.1 million in the prior year. Consolidated net loss was EUR 2.7 million against EUR 0.5 million a year ago, this corresponds to loss per share of EUR 0.17.

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.