Leoni reports Q1 2022 revenue at USD1.32 billion, down 6.9% y/y

Financial results

The company says the output of wire harnesses is nearly at prewar levels in Ukraine

Leoni has reported first-quarter revenue at EUR1.26 billion (USD1.32 billion) with a year-on-year (y/y) decrease of 6.9% compared to EUR1.35 billion in the first quarter of 2021 for the three months ended on 14 March 2022, according to a filing by the company on 11 May 2022.

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