February 13, 2013

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. The cable specialist managed a spot landing in terms of earnings before interest and taxes (EBIT) with a figure of about EUR 236 million. This almost matched the high set in the previous year (2011: EUR 237 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.”