Brief: Leoni Q1 EBIT Before Exceptional Items Swings To Loss Of EUR 17 Mln

Leoni AG

11/05/2022 06:10

May 11 (Reuters) - LEONI AG  LEOGn.DE :
    * Q1 GROUP SALES OF EUR 1,262 MILLION IN Q1 OF 2022 DOWN
6.9% FROM
PREVIOUS YEAR'S LEVEL (EUR 1,353 MILLION)
    * Q1 EBIT BEFORE EXCEPTIONAL ITEMS(1) WITH NEGATIVE EUR 17
MILLION
(PREVIOUS YEAR: EARNINGS OF EUR 29 MILLION)
    * Q1 FREE CASH FLOW OF EUR 105 MILLION (PREVIOUS YEAR:
NEGATIVE
EUR 100 MILLION)
    * FORECASTING ABILITY REMAINS SIGNIFICANTLY IMPAIRED;
OUTLOOK
UNCHANGED FROM AD-HOC ANNOUNCEMENT DATED 14 MARCH 2022

Further company coverage:  LEOGn.DE 

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