Voltabox reported preliminary earnings results for the first half of 2019. According to preliminary figures, Voltabox achieved revenue of EUR 32.1 million in the first half of 2019, which represents an increase of 77 %. LBIT was EUR 3.6 million after positive EUR 0.1 million in the prior year.

The company is reducing its revenue and earnings forecast for the current fiscal year. This is mainly due to the partial postponement of a major order for the American subsidiary Voltabox of Texas Inc., into 2020 and the conversion of an important cell supplier to the latest technology, which will lead to a temporary stoppage of production in subareas at Voltabox. For fiscal year 2019, Voltabox now anticipates Group revenue of EUR 70 million to EUR 80 million instead of the originally indicated EUR 105 million to EUR 115 million.