Brief: Leoni Q1 Consolidated Net Result At EUR 28 Million

Leoni AG

12/05/2021 06:09

May 12 (Reuters) - LEONI AG  LEOGn.DE :
    * CONSOLIDATED SALES (€ 1.35 BILLION) WELL UP ON THE
PREVIOUS YEAR
IN THE FIRST QUARTER OF 2021
    * SALES AND EARNINGS OUTLOOK FOR FISCAL 2021 RAISED
    * Q1 EBITDA AT EUR 106 MILLION
    * Q1 CONSOLIDATED NET RESULT AT EUR 28 MILLION
    * OUTLOOK FOR 2021 GROUP SALES NOW LIFTED TO A SIGNIFICANT
INCREASE (PREVIOUSLY ONLY A LOW DOUBLE-DIGIT PERCENTAGE RANGE)
    * EBIT BEFORE EXCEPTIONAL ITEMS AS WELL AS BEFORE VALUE 21
COSTS
SHOULD ALSO IMPROVE SIGNIFICANTLY AND NOW REACH AT LEAST THE
BREAK-EVEN POINT EXPECTED IN 2021

Source text - https://bit.ly/3w2Xyfp
Further company coverage:  LEOGn.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 6600;))