trending Market Intelligence /marketintelligence/en/news-insights/trending/uGPBaJI1v4n6jq_l0uf4Kw2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Leoni AG swings to loss in Q3

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

BLOG

Investment Banking Essentials Newsletter: June Edition

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level


Leoni AG swings to loss in Q3

LEONI AG said its normalized net income for the third quarter amounted to a loss of 36 euro cents per share, compared with the S&P Capital IQ consensus estimate of a loss of 56 cents per share.

The per-share result swung to a loss from the prior-year profit of 45 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of €11.6 million, compared with income of €14.7 million in the year-earlier period.

The normalized profit margin fell to negative 1.1% from 1.3% in the year-earlier period.

Total revenue declined year over year to €1.07 billion from €1.11 billion, and total operating expenses totaled €1.09 billion, compared with €1.08 billion in the prior-year period.

Reported net income totaled a loss of €24.4 million, or a loss of 75 cents per share, compared to income of €15.6 million, or 48 cents per share, in the prior-year period.