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Germany: Leoni expects growth to slow in 2012

Leoni has confirmed it posted an all-time record for revenue, pre-tax earnings and net income in fiscal 2011 but has cautioned that, although it expects to maintain expansion in 2012, the pace of growth will slow significantly. Depending on the global economic situation, the company is forecasting 2012 consolidated revenue at between Subscribe to Automotive World … Continued

Leoni has confirmed it posted an all-time record for revenue, pre-tax earnings and net income in fiscal 2011 but has cautioned that, although it expects to maintain expansion in 2012, the pace of growth will slow significantly.

Depending on the global economic situation, the company is forecasting 2012 consolidated revenue at between

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