Brief: Leoni Q3 Consolidated Net Loss At EUR 52 Mln

Leoni AG

11/11/2020 06:06

Nov 11 (Reuters) - LEONI AG  LEOGn.DE :
    * LEONI STABILISES BUSINESS PERFORMANCE IN THE THIRD QUARTER
–
GROSS COST SAVINGS TARGET UNDER VALUE 21 MET EARLY
    * Q3 EBIT-LEVEL RESULT BEFORE EXCEPTIONAL ITEMS AS WELL AS
BEFORE
VALUE 21 COSTS AT LOSS OF EUR 8 MILLION DESPITE SALES DECLINE
(PREVIOUS YEAR: LOSS OF EUR 15 MILLION)
    * Q3 SALES 1.06 BILLION VERSUS EUR 1.16 BILLION YEAR AGO
    * Q3 CONSOLIDATED NET LOSS EUR 52 MILLION VERSUS EUR 88
MILLION
YEAR AGO

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

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