Brief: Leoni AG Sees Significant Burden For 2020 Due To COVID-19

Leoni AG

30/03/2020 08:41

March 30 (Reuters) - Leoni AG  LEOGn.DE :
    * SIGNIFICANT BURDEN FROM COVID-19 PANDEMIC EXPECTED IN 2020
    * SALES OF EUR 4.8 BILLION IN 2019 FINANCIAL YEAR (2018: EUR
5.1
BILLION)
    * FY EBIT BEFORE EXCEPTIONAL ITEMS AS WELL AS BEFORE VALUE
21
COSTS AT NEGATIVE EUR 66 MILLION (2018: PROFIT EUR 157 MILLION)
    * WILL TAKE UP OFFER BY FEDERAL GOVERNMENT AND IS WELL
ADVANCED IN
PROCESS OF APPLYING FOR FINANCIAL AID TO ENSURE CONTINUATION OF
BUSINESS OPERATIONS

Source text - https://bit.ly/33U5J0U
Further company coverage:  LEOGn.DE 

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