Archived posting to the Leica Users Group, 2004/12/15

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Subject: [Leica] Leica expects lower operating results for the year
From: douglas.sharp at gmx.de (Douglas M. Sharp)
Date: Wed Dec 15 14:45:01 2004
References: <LNBBLBNFHNEHGFKFMALGGEPINLAB.timatherton@theedge.ca> <41C0BC99.6010707@gmx.de>

English version :
In a difficult market environment, the Leica Camera Group, Solms, in the 
months 
of October and November 2004 has not reached the targeted sales increases as 
compared to the previous months. The Company also does not expect a 
short-term 
improvement in the following months. The Solms-based camera and optics 
specialist therefore expects to close fiscal year 2004/2005 (FY end March 
31) 
with an operating result in the euro -10 million range. The current negative 
earnings situation does not impact the ongoing improvements in distribution 
and 
the further development of the product range in sports optics as well as in 
analogue and digital photo products. Details concerning the 3rd quarter 
(October 
through December 2004) will be published at the beginning of 2005.

Douglas

Douglas M. Sharp wrote:
> Tim Atherton wrote:
> 
>>> SOLMS, Germany-(Mar.15,2004)-- The Leica Camera  Group said in a 
>>> newsletter today
>>
>>
>>
>> should that be (Dec.15,2004) ?
>> _______________________________________________
>> Leica Users Group.
>> See http://leica-users.org/mailman/listinfo/lug for more information
>>
>>
> German finance markets got the press release 14.12.2004 at 16.33.
> According to Leica :
> Although the figures are below expectations this will not affect either 
> the distribution or further development of sport optics, analogue or 
> digital products.
> In fact share value increased. The results of the final quarter willb 
> published in early 2005.
> The original (German) release is here.
> http://fonds.finanztreff.de/ftreff/news.htm?id=23390830&sektion=adhoc&u=0&k=0
>  
> 
> Douglas
> _______________________________________________
> Leica Users Group.
> See http://leica-users.org/mailman/listinfo/lug for more information
> 
> 


In reply to: Message from timatherton at theedge.ca (Tim Atherton) ([Leica] Leica expects lower operating results for the year)
Message from douglas.sharp at gmx.de (Douglas M. Sharp) ([Leica] Leica expects lower operating results for the year)