Leoni makes EUR 4.5 bn

According to provisional calculations Leoni from Nuremberg made a turnover of EUR 4.5 bn.............

in the 2015 business year (prior year: EUR 4.1 bn), favourable exchange rates having made the main contribution.

Earnings before interest and tax (EBIT) stood at approx. EUR 151 m (prior year: EUR 182.5 m).

Due to deteriorating economic conditions the board is expecting a slight drop in turnover in the current year 2016 to EUR 4.4 bn and an EBIT of only EUR 105 m.