Leoni sees slower 2007 sales, eyes client mergers


FRANKFURT, Nov 28 (Reuters) - German automotive cables and wiring firm Leoni expects its sales growth to slow in 2007 following a strong surge this year, its chief executive said in an interview. "It certainly won't be in the double-digits," Klaus Probst told Reuters, referring to next year's sales growth. Growth is closely dependent on copper prices. Probst reiterated his forecast for 2 billion euros ($2.6 billion) in sales this year, or growth of about 25 percent, of which around 150 ...

Premium Content (PAID Subscription Required)

"Leoni sees slower 2007 sales, eyes client mergers" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×