LEONI AG (0O0J.IL)
- Reuters
Leoni posts Q1 operating loss on Ukraine war, higher costs
German cable and harness maker Leoni, which supplies automakers with wire harnesses crucial for car production, on Friday reported a first-quarter operating loss, blaming supply- chain bottlenecks, inflation and effects of the war in Ukraine. The company swung to an operating loss before exceptional items of 17 million euros ($18 million) in the first quarter, down from a profit of 29 million euros in the same period last year, it said, pointing to higher raw material, logistics and energy costs. "In addition, there was continued high volatility in customer call-offs due to disruptions in the global supply chains, mainly due to the semiconductor crisis, as well as the consequences of the war in Ukraine," Leoni said.
- EQS Group
Leoni publishes preliminary results for the 1st quarter 2022. EBIT before exceptional items, EBIT reported, and FCF burdened by inflation, supply chain bottlenecks and effects of the war in Ukraine.
Leoni AG / Key word(s): Preliminary ResultsLeoni publishes preliminary results for the 1st quarter 2022. EBIT before exceptional items, EBIT reported, and FCF burdened by inflation, supply chain bottlenecks and effects of the war in Ukraine.29-Apr-2022 / 19:55 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Leoni publishes pr
- EQS Group
Leoni AG expects negative impact on sales, earnings and free cash flow in financial year 2022 as a result of the war in Ukraine
Leoni AG / Key word(s): Change in ForecastLeoni AG expects negative impact on sales, earnings and free cash flow in financial year 2022 as a result of the war in Ukraine14-March-2022 / 11:48 CET/CESTDisclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.Leoni AG expects negative impact on sales, earnings and free cash flow in financial year
