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    LEO   DE0005408884


Real-time Estimate Tradegate  -  03:26 2022-07-01 pm EDT
6.933 EUR   +1.14%
06/09LEONI AG : JP Morgan reiterates its Neutral rating
05/25LEONI : New members of LEONI AG's Supervisory Board
05/23LEONI : sells Business Group Automotive Cable Solutions – next major step on the path to sustainable financial stabilisation
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LEONI : New members of LEONI AG's Supervisory Board

05/25/2022 | 12:50pm EDT
New members of LEONI AG's Supervisory Board Klaus Rinnerberger elected Chairman of the Supervisory Board

Nuremberg - In keeping with the stipulated cycle for new appointments, the Supervisory Board of Leoni AG today elected Klaus Rinnerberger as Chairman of the Supervisory Board during its constituent meeting. The Board appointed Franz Spiess as Deputy Chairman.

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Klaus Rinnerberger, management board member of Pierer Industrie based in Wels, Austria, has profound sector and market knowledge, also internationally, thanks to his many years of operational work in the automotive component supply industry. Alongside general, operational and strategic aspects, his career particularly also included managing disruptive developments in the automotive sector and gaining experience of restructuring businesses and turning them around as well as of their financing. In addition, he has knowledge of accounting and auditing as well as extensive experience of M&A transactions. Klaus Rinnerberger thus succeeds Dr Klaus Probst who, after five years, no longer stood as a candidate for the Board.

Klaus Rinnerberger, newly elected Chairman of Leoni AG's Supervisory Board, said: "I thank shareholders and the Supervisory Board for their confidence and look forward to the tasks ahead as well as working with colleagues and management. Transformation and the current economic challenges present Leoni and the whole sector with an enormous task. Overseeing this journey is one of the most exciting jobs to be given at the moment. I intend to perform this in my role for the benefit of shareholders, customers and staff."

Aldo Kamper, Chief Executive Officer of Leoni AG, said: "On behalf of the Board of Directors, I would like to thank our long-standing Supervisory Board members and Chairman Klaus Probst for their great commitment and trusting collaboration. With Klaus Rinnerberger and our new Supervisory Board members, we have gained skilled and accomplished personalities who will contribute valuable experience to Leoni AG's development. I look forward to collaborating constructively in this new composition."

Dr Klaus Probst, departing Chairman of Leoni AG's Supervisory Board, said: "After more than 30 years, my long and varied career at Leoni AG is coming to an end. In this time, I was, in various roles, part of Leoni's transformation from being a medium-sized, German cable manufacturer to a group operating globally. I am convinced that management has set the right course for stabilising Leoni on a lasting basis and successfully taking the company forward. Thank you for your collaboration in a spirit of trust and I wish the Company and my colleagues all the best."

Employee representatives also elected

Alongside Rinnerberger, shareholders at the Annual General Meeting of Leoni AG had on the previous day already newly elected five other members as shareholder representatives on the Supervisory Board in keeping with the Articles of Association and the stipulated cycle. As proposed, Günther Apfalter, Tom Graf, Dr Ulla Reisch, Karin Sonnenmoser and Dr Lorenz Zwingmann thus additionally joined the Board with large majorities.

Elections within the Company to select employee representatives on the Supervisory Board had already taken place in April. The members elected were Mark Dischner, Martin Hering, Sina Maier, Angela Rappl, Franz Spiess and Carolin Geist. Franz Spiess, first authorised signatory of the IG Metall trade union based in Schwabach, will continue as before to perform his function as Deputy Chairman of the Supervisory Board.

The curricula vitae of the members of the Supervisory Board can be viewed at:



Leoni AG published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 May 2022 16:11:15 UTC.

© Publicnow 2022
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Sales 2022 4 863 M 5 058 M 5 058 M
Net income 2022 14,9 M 15,4 M 15,4 M
Net Debt 2022 1 533 M 1 594 M 1 594 M
P/E ratio 2022 15,1x
Yield 2022 -
Capitalization 224 M 233 M 233 M
EV / Sales 2022 0,36x
EV / Sales 2023 0,36x
Nbr of Employees 99 607
Free-Float 73,5%
Duration : Period :
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Technical analysis trends LEONI AG
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus UNDERPERFORM
Number of Analysts 4
Last Close Price 6,86 €
Average target price 8,63 €
Spread / Average Target 25,8%
EPS Revisions
Managers and Directors
Aldo Kamper President & Chief Executive Officer
Harald Nippel Chief Financial Officer
Klaus Rinnerberger Chairman-Supervisory Board
Franz Spieß Deputy Chairman-Supervisory Board
Karl-Heinz Lach Member-Supervisory Board
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