LEONI AG provided earnings guidance for the full year of fiscal 2021. For the year 2021, the company expects to achieve significantly higher sales and EBIT before exceptional items as well as before VALUE 21 costs. Based on the company’s midterm planning, the company expects sales to improve in a low double-digit percentage range compared to 2020. This is based on the ramp-up of new wiring system projects and the expected continuation of recovery in demand. Given these expected sales increases as well as the positive effects of VALUE 21 and the restructuring concept, the company expects a significantly higher EBIT before exceptional items as well as before VALUE 21 costs.