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Veritas AG Company Snapshot
Business Description:
Veritas AG operates in the Motor vehicle parts and accessories sector. Veritas AG is a Germany-based provider of components and solutions for the connecting and transporting aspects of the automotive engineering processes. The Company has two operational divisions: Fluid Engineering and Injection-Moldings Engineering. The Fluid Technology segment offers fuel supply and return systems, subdivision fuel tanks, underbody and engine compartments, air conduction systems, oil and hydraulic systems, exhaust-gas systems and systems for alternate drives. The Injection-Moldings Engineering segment provides sealings for automotive electrical components, sliding roof water drain hoses, pulleys, stop buffer systems and conventional preformed elastomer elements. Through VH3 Medizintechnik GmbH, the Company is also involved in the development of elastomer medical products. It has production facilities at the Company's headquarters in Gelnhausen, a further Germany-based plant at Benshausen and foreign plants in Hungary, Austria, Mexico, Turkey and Spain. In our complete report available for purchase the company is compared to: Saf-Holland S.A., W.E.T. Automotive Systems AG and Elringklinger AG.
   
   
 
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Veritas AG
  Stock Performance Chart for Veritas AG
 
  Stock Data: Recent Stock Performance:
  Current Price (2/3/2012): 62.38
(Figures in Euro)
1 Week -6.2%   13 Weeks -6.2%  
4 Weeks -6.2%   52 Weeks 4.0%  
 
Veritas AG Key Data:
  Ticker: VER Country: GERMANY
  Exchanges: FRA OTH Major Industry: Automotive
    Sub Industry: Original Parts & Accessories Mfrs.
  2010 Sales 505,155,000
(Year Ending Jan 2011).
Employees: 2,657
  Currency: Euro Market Cap: 249,524,000
  Fiscal Yr Ends: December Shares Outstanding: 4,000,000
  Share Type: Stammaktie Closely Held Shares: 3,920,000
 
 
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