Put companies on watchlist
Leoni AG
ISIN: DE0005408884
WKN: 540888
About
Company Snapshot
New: Enable Investor Alerts
Be informed about new publications
New: AI Factsheet

Corporate News meets AI! 
Content analysis and summary

EN GIF 300X250

Leoni AG · ISIN: DE0005408884 · EQS - adhoc news (36 News)
Country: Germany · Primary market: Germany · EQS NID: 1605899
12 April 2023 12:48PM

Leoni AG: Preparation of 2022 annual financial statements indicates need for high impairments; Leoni AG reports loss pursuant to Section 92 of the German Stock Corporation Act (AktG)


EQS-Ad-hoc: Leoni AG / Key word(s): Annual Results
Leoni AG: Preparation of 2022 annual financial statements indicates need for high impairments; Leoni AG reports loss pursuant to Section 92 of the German Stock Corporation Act (AktG)

12-Apr-2023 / 12:48 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Leoni AG: Preparation of 2022 annual financial statements indicates need for high impairments; Leoni AG reports loss pursuant to Section 92 of the German Stock Corporation Act (AktG)

Nuremberg, 12 April 2023 – Leoni AG, Nuremberg (ISIN: DE0005408884/ WKN: 540888) announces that the ongoing preparation of the 2022 annual financial statements indicated that, due to significant impairments, a loss that consumes the capital stock will have definitely occurred for financial year 2022. At present, the company expects impairments in the high three-digit million euros range. The exact amounts are not yet determined.

As announced on 29 March 2023 and in accordance with its obligation under Section 92 of the German Stock Corporation Act (AktG), the Executive Board of Leoni AG will therefore convene an extraordinary shareholders' meeting at short notice. This shareholders’ meeting is expected to take place on 2 June 2023 and the loss of the capital stock will be formally notified at this meeting. This was decided by the Executive Board today.

The Executive Board expects that the resulting loss will in any case be compensated through the implementation of the financial restructuring concept agreed with major financing parties on 3 April 2023.


Media contact
LEONI AG
Gregor le Claire
Corporate Press Officer
Phone: +49 911 2023-226
E-mail: gregor.leclaire@leoni.com

Investor contact
LEONI AG
Rolf Becker
Senior Manager Investor Relations
Phone: +49 911 2023-134
E-mail: rolf.becker@leoni.com
 


End of Inside Information

12-Apr-2023 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com


Language: English
Company: Leoni AG
Marienstraße 7
90402 Nuremberg
Germany
Phone: +49 (0)911 20 23-234
Fax: +49 (0)911 20 23-382
E-mail: veroeffentlichung@leoni.com
Internet: www.leoni.com
ISIN: DE0005408884
WKN: 540888
Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (Prime Standard), Hamburg, Hanover, Munich, Stuttgart; Regulated Unofficial Market in Tradegate Exchange; Madrid
EQS News ID: 1605899

 
End of Announcement EQS News Service

1605899  12-Apr-2023 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1605899&application_name=news&site_id=boersengefluester_html

This publication was provided by our content partner EQS3.

EQS Newswire
via EQS - Newsfeed
EQS Group AG ©2025
(DGAP)
Contact:
Karlstraße 47 D-80333 München
+49 (0) 89 444 430-000

 

SMART * AD
EN GIF 970X250

P R O D U C T   S U G G E S T I O N S

The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.


The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.

If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.

For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.


1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.