Free cash flow improves significantly during the year - challenging market environment continues to impact sales and operating result
(WorldNews Germany)

Free cash flow improves significantly during the year - challenging market environment continues to impact sales and operating result - Lower volumes, operational performance issues in WSD, salary inflation as well as planned ramp-up costs impact consolidated sales and operating result - VALUE 21 on track to deliver annual gross cost savings of EUR 500 million from 2022 - 35 percent of initiatives already implemented - Free cash flow improved during the year to EUR -12 million in the third quarter and is significantly above the previous quarter Nuremberg - Leoni generated sales of EUR 1.15 billion in the third quarter of the fiscal year 2019 (Q3/2018: EUR 1.21 billion). Weaker demand led to...