Releases

Leoni: Vocational Training with Distinction

State Awards for Apprentices from plant Roth Read more

Leoni AG releases preliminary, unaudited figures for 2022 and forecast for 2023

CEO Aldo Kamper: “We must continue to resolutely do our homework” Read more

Leoni AG releases preliminary, unaudited figures for the 2022 financial year and forecast for the 2023 financial year

Nuremberg – Leoni AG, Nuremberg (ISIN: DE0005408884 / WKN: 540888) has released preliminary, unaudited figures for fiscal year 2022. The Leoni Group generated sales of approx. € 5.1 billion (2021: € 5,119 million), EBIT before exceptional items1 of approx. € 11 million (2021 EBIT before exceptional items2: € 130 million) and free cash flow (FCF) of approx. € 126 million (2021: negative € 12 million). Free cash flow includes the FCF-effect of € 278 million resulting from the sale of Business Group Industrial Solutions (BG IN). Read more

Leoni AG: Refinancing requires substantial contributions from equity and debt investors and is expected to largely dilute shareholders

Nuremberg – As already announced on 13 December 2022, Leoni AG (ISIN: DE0005408884 / WKN: 540888) must negotiate a new financing solution with its syndicate banks and the borrower's note holders (“financing parties”) after STARK Corporation surprisingly refused to close the SPA on the sale of the Business Group Automotive Cable Solutions concluded in May 2022. Read more

Aldo Kamper will be leaving Leoni AG effective 31 March 2023

The Supervisory Board will be commencing talks immediately on settling his succession Read more

Aldo Kamper will be leaving Leoni AG effective 31 March 2023; the Supervisory Board will be commencing talks immediately on settling his succession

Nuremberg – The Supervisory Board of Leoni AG, Nuremberg (ISIN: DE0005408884 / WKN: 540888) today accepted Aldo Kamper’s wish to leave the Company effective 31 March 2023 and to resign his mandate as Chief Executive Officer (CEO) as well as the related offices within the Leoni Group with the intention of taking on a new task soon. Read more

Leoni celebrates the expansion of its automotive cables production at Cuauhtémoc, Mexico

Increasing demand for electromobility cables triggers further investments Read more

Leoni AG reinforces Executive Board with Hans-Joachim Ziems as Chief Restructuring Officer

Company adapts refinancing and restructuring plan to the new situation Read more

Supervisory Board appoints Hans-Joachim Ziems to the Executive Board of Leoni AG as Chief Restructuring Officer

Nuremberg – The Supervisory Board of Leoni AG (ISIN: DE0005408884 / WKN: 540888) today resolved to appoint Hans-Joachim Ziems as Chief Restructuring Officer (CRO) to the Executive Board with effect from 10 January 2023. Read more

Leoni AG: STARK Corporation refuses to perform the Closing of the sale of the Business Group Automotive Cable Solutions; refinancing plan cannot be implemented for the time being; credit facilities becoming due to be temporarily extended

Nuremberg – Leoni AG (ISIN: DE0005408884 / WKN: 540888) informs that all closing conditions for the closing of the sale and purchase agreement entered on 23 May 2022 with STARK Corporation Public Company Limited (STARK) on the sale of the Business Group Automotive Cable Solutions (BG AM) have been timely fulfilled and that the Closing was scheduled to occur shortly. However, the buyer STARK has today unexpectedly demanded very significant amendments to the purchase agreement. Despite willingness to compromise on the side of Leoni, STARK refuses to agree and will not perform the Closing. Read more

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