Archived posting to the Leica Users Group, 2008/12/06
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Jeffrey, the situation is pretty much the same in Germany - the automotive industry and all their suppliers are laying people off and cutting back production - unfortunately we don't see many bank executives, financial advisors and the like getting fired (the fat cats are sitting there and smugly reducing the number of staff in the banks they themselves ruined. As the Skoda ad on TV here says - "I think it's time for another revolution...". Cheers Douglas Jeffery Smith wrote: > The US lost over half a million jobs last month. Not a good time for > Americans to consider buying a new Leica. > > > ----- Start Original Message ----- > Sent: Sat, 06 Dec 2008 11:56:44 +0100 > From: Douglas Sharp <douglas.sharp@gmx.de> > To: Leica Users Group <lug@leica-users.org>, LEG <leica@freelists.org>, > LeicaReflex <LeicaReflex@freelists.org>, MUG > <MUGers@yahoogroups.com> > Subject: [Leica] Bad news at Leica > > >> Morning all, >> >> Get out and buy M8s and lots of lenses!! :-) >> >> The local paper here in Hannover reports that Leica is running at a loss >> again. >> >> After moderate profits last year, the company made a net loss of 7.2 >> milliion euros in the first half of the financial year 2008/2009 (in the >> same period of the previous year, they made a net profit of 6.5 million). >> >> Total revenues fell in the same period by more than 40 MEUR to 52 MEUR. >> >> A company spokesman reported that the figures are due to falling sales >> and development investments. >> >> Best from Hannover >> Douglas >> >> _______________________________________________ >> Leica Users Group. >> See http://leica-users.org/mailman/listinfo/lug for more information >> >> > > ----- End Original Message ----- > > > _______________________________________________ > Leica Users Group. > See http://leica-users.org/mailman/listinfo/lug for more information > >