Leoni makes good progress in implementing VALUE 21 - challenging market environment impacts operating result
(WorldNews Germany)

Leoni makes good progress in implementing VALUE 21 - challenging market environment impacts operating result - Weaker market environment impacts sales and earnings development in the second quarter - The production situation in Merida has stabilised; burdens relating to project ramp-up have almost completely ceased - Rapid implementation of VALUE 21 results in first costs in the second quarter; approximately 20 percent of initiatives already successfully implemented - Free cash flow improved significantly during the year as expected - Strategic development continues to be driven by WCS carve-out process - Guidance for the financial year 2019 Nuremberg - Leoni generated sales of EUR 1.25...