Leoni’s Q1 net income up nearly three times y/y to USD36 million

News
Financial results

Forecasts sales to increase 4.5% y/y to EUR4.6 billion in 2017

Leoni has reported a nearly threefold year-on-year (y/y) growth in its consolidated net income to EUR33.6 million (USD36 million as on 31 March 2017) for the first quarter of 2017, according to a company press release yesterday (10 May).

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