Germany: Leoni reports profitability fall in Q2

Citing shifts in the product mix, major spending on integrating Daekyeung, the South Korean wiring systems manufacturer acquired in full at the beginning of 2012, as well as "various exceptional factors," Leoni has reported falling profitability in the quarter ended 30 June 2012 (Q2 2012). However, based on Q2 performance and Subscribe to Automotive World … Continued

• By Webmaster
• August 7, 2012