Leoni matches last years record

Leoni generated revenues of approx. EUR 3.8 billion in 2012 and thus exceeded the previous high of EUR 3.7 billion, posted in 2011, by about three percent. Leoni equaled its record in terms of consolidated net income, with the bottom line for the past financial year reading EUR 156 million and thus showing the same profit as in the previous year (2011: EUR 156 million). For 2016 the Company already held out the prospect more than a year ago of EUR 5 billion in sales. “We are reaffirming this medium-term forecast based on new projects gained by the Wiring Systems Division, especially so in the BRIC countries,” said Dr Klaus Probst, President and CEO of Leoni AG. “We anticipate considerable sales growth as early as 2014.”