for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

LEONI AG

LEOGn.DE

Latest Trade

9.36EUR

Change

-0.07(-0.74%)

Volume

113,757

Today's Range

9.25

 - 

9.60

52 Week Range

8.08

 - 

34.70

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Leoni Intends To Increase Available Liquidity

Dec 10 (Reuters) - Leoni AG <LEOGn.DE>::LEONI AG - INTENDS TO INCREASE AVAILABLE LIQUIDITY.LEONI AG - INTENDS TO INCREASE ITS EXISTING LIQUIDITY BY EUR 200 MILLION IN ORDER TO ENSURE COMPANY IS FULLY FINANCED.LEONI AG - GROUP'S CURRENT FINANCING SCOPE IS NOT EXPECTED TO INCREASE..LEONI AG - CONTINUES TO BE IN VERY CONSTRUCTIVE DISCUSSIONS WITH ITS CREDITORS AND WILL COMMISSION AN EXPERT OPINION.

Leoni CEO Says Sale Of Cable Business Is More Likely Than IPO

Nov 13 (Reuters) - Leoni AG <LEOGn.DE>::LEONI CEO SAYS WE ARE SEEING MUCH INTEREST IN CABLE BUSINESS.LEONI CEO SAYS SALE OF CABLE BUSINESS IS MORE LIKELY THAN IPO BECAUSE OF MARKET CONDITIONS.LEONI CEO SAYS THERE IS NO SALE UNDER TIME PRESSURE, IF MARKET ENVIRONMENT IS NOT APPROPRIATE, WE WILL NOT SELL.LEONI CEO SAYS THERE ARE STRATEGIC AND FINANCIAL INVESTORS AMONG INTERESTED IN SALE, INTERESTED PARTIES ARE FROM MULTIPLE WORLD REGIONS.

Leoni Q3 Negative EBIT Of EUR 67 Mln

Nov 13 (Reuters) - LEONI AG <LEOGn.DE>::CONSOLIDATED SALES IN THE THIRD QUARTER OF 2019 DECREASED BY APPROXIMATELY 4 PERCENT YEAR ON YEAR TO EUR 1,155 MILLION..Q3 NEGATIVE EBIT OF EUR 67 MILLION (PREVIOUS YEAR: EARNINGS OF EUR 38 MILLION).FREE CASH FLOW IMPROVED SIGNIFICANTLY TO NEGATIVE EUR 12 MILLION IN THE THIRD QUARTER (PREVIOUS YEAR: NEGATIVE EUR 141 MILLION).REITERATES THE OUTLOOK FOR THE FULL FISCAL YEAR 2019.

Leoni Builds New Plant Section For EC Charging Cables And High-Voltage Cables

Aug 15 (Reuters) - Leoni AG <LEOGn.DE>::LEONI BUILDING NEW PLANT SECTION FOR EC CHARGING CABLES AND HIGH-VOLTAGE CABLES - FOUNDATION-LAYING CEREMONY FOR NEW EMOMEX BUILDING IN CUAUHTÉMOC, CHIHUAHUA.COMPANY’S WIRE & CABLE SOLUTIONS DIVISION (WCS) WILL BE ENLARGING ITS FACILITY IN CUAUHTÉMOC, MEXICO BY 7000 SQUARE METRES WITH THE OPTION FOR A FURTHER 3000 SQUARE METRES.

Leoni Sees 2019 Sales Moderately Below Previous Year's Level

Aug 14 (Reuters) - Leoni AG <LEOGn.DE>::LEONI MAKES GOOD PROGRESS IN IMPLEMENTING VALUE 21 - CHALLENGING MARKET ENVIRONMENT IMPACTS OPERATING RESULT.WEAKER MARKET ENVIRONMENT IMPACTS SALES AND EARNINGS DEVELOPMENT IN THE SECOND QUARTER.THE PRODUCTION SITUATION IN MERIDA HAS STABILISED; BURDENS RELATING TO PROJECT RAMP-UP HAVE ALMOST COMPLETELY CEASED.RAPID IMPLEMENTATION OF VALUE 21 RESULTS IN FIRST COSTS IN THE SECOND QUARTER; APPROXIMATELY 20 PERCENT OF INITIATIVES ALREADY SUCCESSFULLY IMPLEMENTED.FREE CASH FLOW IMPROVED SIGNIFICANTLY DURING THE YEAR AS EXPECTED.STRATEGIC DEVELOPMENT CONTINUES TO BE DRIVEN BY WCS CARVE-OUT PROCESS.GROUP EBIT IN THE SECOND QUARTER OF 2019 WAS EUR -14 MILLION BEFORE VALUE 21 COSTS (TOTALLING EUR 17 MILLION), COMPARED TO EUR 62 MILLION IN THE SECOND QUARTER OF 2018.EXPECTS SALES FOR THE FINANCIAL YEAR 2019 WILL BE MODERATELY BELOW THE PREVIOUS YEAR’S LEVEL.GIVEN EXPECTATIONS FOR A BETTER EBIT DEVELOPMENT IN THE SECOND HALF OF 2019, GROUP EBIT IN 2019 PRIOR TO EXCEPTIONAL ITEMS AS WELL AS VALUE 21 COSTS WILL BE UP TO A NEGATIVE MID DOUBLE-DIGIT MILLION-EURO FIGURE.LEONI’S FULL-YEAR FREE CASH FLOW WILL BE IN THE RANGE OF PLUS OR MINUS A LOW DOUBLE-DIGIT EUR MILLION COMPARED TO THE LEVEL REPORTED IN THE FIRST HALF OF 2019.

Leoni Plans Stock Market Listing Or Sale Of Its Wire & Cable Solutions Division

July 9 (Reuters) - Leoni AG <LEOGn.DE>::DGAP-ADHOC: LEONI AG: LEONI PLANS STOCK MARKET LISTING OR SALE OF ITS WIRE & CABLE SOLUTIONS DIVISION.PREPARING A SEPARATION OF ITS WIRE & CABLE SOLUTIONS DIVISION THROUGH A A STOCK MARKET LISTING OR SALE, INCLUDING OPTION OF A PARTIAL SALE.TO DATE, NO FINAL DECISION HAS BEEN TAKEN IN THIS REGARD.FOLLOWING A POTENTIAL SEPARATION, LEONI'S PRIMARY FOCUS WOULD BE ON DEVELOPMENT OF ITS WIRING SYSTEMS DIVISION (WSD).LEONI HAS BEGUN TO MANDATE RESPECTIVE ADVISORS.LEONI IS WORKING ON ITS REFINANCING REQUIREMENTS FOR WHICH ALL OPTIONS ARE BEING CONSIDERED.LEONI- IMPLEMENTATION OF VALUE 21 PROGRAMME TO ACHIEVE SUSTAINABLE GROSS COST SAVINGS TARGETS OF EUR 500 MILLION PER YEAR BY 2022 FOR EXISTING GROUP.LEONI IS WORKING ON ITS REFINANCING REQUIREMENTS FOR WHICH ALL OPTIONS ARE BEING CONSIDERED.

Leoni Appoints Ingrid Jägering As CFO

May 21 (Reuters) - Leoni AG <LEOGn.DE>::APPOINTS INGRID JÄGERING AS CFO.INGRID JAEGERING WILL TAKE OFFICE AT THE LATEST ON 1 OCTOBER 2019.THERE ARE CURRENTLY NEGOTIATIONS ABOUT HER TAKING OFFICE AT AN EARLIER POINT IN TIME.

Leoni CEO Says Q2 More Or Less In Line With Our Expectations

May 15 (Reuters) - Leoni AG <LEOGn.DE>::SAYS HAVE FOUND NEW CFO WITH RESTRUCTRUNG EXPERIENCE WHO WILL START BY OCT 1 -CALL.CEO SAYS WE HAVE TO REFINANCE 200 MILLION EUROS LOAN BY MARCH 2020, OUR BANK LOANS DO NOT INCLUDE COVENANTS.CEO SAYS Q2 MORE OR LESS IN LINE WITH OUR EXPECTATIONS, WE HAVE TO DEAL WITH MARKET UNCERTAINTIES.

Leoni books loss of 125 mln in first quarter, weighs financing options

May 14 (Reuters) - Leoni AG <LEOGn.DE>::DGAP-ADHOC: LEONI AG: FIRST-QUARTER BUSINESS FIGURES: LEONI BURDENED BY ONE-TIME EFFECTS - TANGIBLE IMPROVEMENT IN EBIT AND FREE CASH FLOW IN THE COURSE OF THE YEAR EXPECTED.SAYS REASSESSMENT LED TO NON-CASH WRITE-DOWNS IN Q1 OF TANGIBLE AND INTANGIBLE ASSETS BY EUR 67 MILLION AS WELL AS TO PROVISIONS OF EUR 35 MILLION PRIMARILY FOR LOSSES EXPECTED ON EXISTING ORDERS IN FUTURE.SAYS LEONI EXPECTS A FURTHER NEGATIVE EBIT-IMPACT OF APPROXIMATELY EUR 20 MILLION LARGELY TO BE BOOKED IN Q2 2019.SAYS ADJUSTED FOR NON-RECURRING ITEMS AND CHARGES INCURRED IN MERIDA, LEONI'S GROUP-WIDE EBIT STABILISED COMPARED WITH 4TH QUARTER OF 2018 - IN OPERATING TERMS - TO A FIGURE OF EUR 14 MILLION.SAYS REPORTED EBIT FOR Q1 WAS A LOSS OF EUR 125 MILLION (Q1/2018: EARNINGS OF EUR 63 MILLION).SAYS EBITDA AMOUNTED TO A LOSS OF EUR 76 MILLION (Q1/2018: EUR 101 MILLION) AND SALES AMOUNTED TO EUR 1.262 BILLION (Q1/2018: EUR 1.327 BILLION).SAYS FREE CASH FLOW AMOUNTED TO NEGATIVE EUR 313 MILLION AT END OF Q1 OF 2019 (Q1/2018: NEGATIVE EUR 111 MILLION).SAYS IT IS FURTHER INTENDED, BEFORE VALUE 21 RELATED EFFECTS, TO ACHIEVE A NEUTRAL FREE CASH FLOW IN GROUP IN COMING FINANCIAL YEAR.SAYS COMPANY IS CONSIDERING ALL OPTIONS FOR ENSURING ITS LONG-TERM FINANCING BASIS.

Leoni Could Make Losses This Year - CEO

March 18 (Reuters) - Leoni <LEOGn.DE> Chief Executive Officer in analyst call::SIGNIFICANTLY LOWER ORDER VOLUME THIS YEAR.WE COULD MAKE LOSSES THIS YEAR.FROM TODAY'S PERSPECTIVE, A CAPITAL INCREASE IS NOT AN OPTION.WE ARE STILL OPEN FOR STRATEGIC PARTNERSHIPS, EVALUATING CASE-BY-CASE.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up