LEONI AG provided earnings guidance for the year 2021. The Board of Directors is raising its outlook for sales and earnings for the 2021 financial year. Nevertheless, in its current assessment for 2021, the Board of Directors now expects a significant year-on-year increase in Group sales (2020: EUR 4.1 billion) (previously: only in the low double-digit percentage range). This is based on the stronger than previously expected continuation of the recovery in demand in the automotive and industrial sectors and the significantly higher copper price, which will not have a significant impact on earnings.