Everllence, a subsidiary of the Volkswagen Group, is well-equipped for an independent listing, according to its CEO, Uwe Lauber. Speaking to the Westdeutsche Allgemeine Zeitung, Lauber expressed confidence in the company’s financial situation, stating, “We can look to the future from a position of financial strength.” He noted that the company has experienced five consecutive years of significant growth and its prospects are positive.
When asked if Everllence could sustain itself as an independent entity without financial backing from the Volkswagen Group, Lauber replied, “We lay the foundation through profitable business operations. Our goal is a minimum return on investment of nine percent.” He emphasized, “We are on the right track” adding that the company is already an “exotic” within the Volkswagen Group.
Everllence, a provider of energy solutions, employs over 15,000 people at more than 140 locations worldwide, according to its own reports.