Brief: Leoni Says 2022 Sales Are Expected To Be Slightly Above EUR 5 Billion

Leoni AG

17/02/2022 19:38

Feb 17 (Reuters) - Leoni AG  LEOGn.DE :
    * DGAP-ADHOC: LEONI EXPECTS FINANCIAL YEAR 2021 EBIT BEFORE
EXCEPTIONAL ITEMS AS WELL AS BEFORE VALUE 21 COSTS AND FREE CASH
FLOW SIGNIFICANTLY ABOVE ITS GUIDANCE AND PUBLISHES GUIDANCE FOR
2022
    * FY SALES 5.1 BILLION EUR VERSUS 4.134 BILLION EUR YEAR AGO
    * 2021 EBIT BEFORE EXCEPTIONAL ITEMS AS WELL AS BEFORE VALUE
21
COSTS OF ABOUT EUR 170 MILLION (2020: EUR -59 MILLION)
    * 2022 SALES ARE EXPECTED TO BE SLIGHTLY ABOVE EUR 5 BILLION
    * 2022 EBIT BEFORE EXCEPTIONAL ITEMS IS EXPECTED TO BE IN
MID
DOUBLE-DIGIT MILLION EUROS
    * SEES FREE CASH FLOW FOR FISCAL 2022 WILL BE POSITIVE IN A
LOW
THREE-DIGIT MILLION EURO RANGE

Source text for Eikon:  ID:nEQ4HBbT7a 
Further company coverage:  LEOGn.DE 

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