trending Market Intelligence /marketintelligence/en/news-insights/trending/OXweee-SMcxCkCcYx4TfwA2 content esgSubNav
In This List

Leoni AG Q2 profit falls YOY

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds


Leoni AG Q2 profit falls YOY

LEONI AG said its normalized net income for the second quarter amounted to 61 euro cents per share, a decrease of 26.7% from 83 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was €20.0 million, a decrease of 26.7% from €27.3 million in the prior-year period.

The normalized profit margin dropped to 1.7% from 2.4% in the year-earlier period.

Total revenue totaled €1.15 billion, compared with €1.16 billion in the prior-year period, and total operating expenses came to €1.11 billion, compared with €1.11 billion in the prior-year period.

Reported net income fell 30.4% from the prior-year period to €24.3 million, or 75 cents per share, from €35.0 million, or €1.07 per share.