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Ellwangen (dpa) - The battery company Varta benefited in the past year primarily from the business with batteries for wireless headphones.

Thanks to the purchase of the household battery division, sales climbed by around 140 percent to 870 million euros, as the MDax company announced on Thursday in Ellwangen based on preliminary figures.

Without the acquisition, the company would have grown by 47 percent.

Adjusted for special effects, earnings before interest, taxes, depreciation and amortization increased by 145 percent to 239 million euros.

The evening before, Varta had announced that it would pay a dividend for the first time since the IPO in 2017, as had been announced.

It should be 2.50 euros per share, and the group plans to distribute around 100 million euros to shareholders.

In the current year, Varta intends to turn over around 940 million euros and increase profitability.

Varta expects high organic sales growth, the company said.

The demand for rechargeable lithium-ion batteries for more expensive consumer products, especially wireless headphones, is still very high.

Varta plans to present the detailed annual report including all financial figures such as net profit on March 31st.

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© dpa-infocom, dpa: 210218-99-489249 / 2