Archived posting to the Leica Users Group, 2000/11/20
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]Dear Leica friends, Due to highly actual developments we send you this newsletter including the following topics: - - Leica Camera AG and Hermès International SCA establish partnership - - Interim report as of September 30, 2000 - - Leica Camera AG and Hermès International SCA establish partnership The Chairman of Leica Camera AG's Management Board, Hanns-Peter Cohn and Hermès' Chairman, Jean-Louis Dumas, announce their intention to establish a partnership between the two houses. This willingness will be materialised through a public tender offer in Germany of Hermès for 30% of the share capital of Leica Camera AG, which will represent an investment of approximately Euro 17 million. The proposed price is Euro 12.5 per share, representing a 30% premium on the average stock market price in the last three months. The period of this offer runs from November 22nd until December 20th,2000. The complete press release: http://www.leica-camera.com/unternehmen/presse/data/01907/index_e.html - - Interim report as of September 30, 2000 The Leica Camera Group, Solms, closed the 1st half of fiscal year 2000/2001 (ending March 31,2001) with strong growth of +15.7% to DM 141.5 million. After an above- average start with a 24% increase in the 1st quarter the new fiscal year continued to develop favourably in the 2nd quarter with growth of +8.5 % over the prior year period. New products as well as growing demand for products of the existing range will continue to support the sales increase in the current 2nd half of the fiscal year. Therefore the Board of Management of Leica Camera AG forecasts a sales increase in the fiscal year above the previously announced 5%. The complete interim report: http://www.leica-camera.com/imperia/md/content/pdf/investorre/annualrepo/13.pdf With best regards, Leica Camera AG Marketing Communication http://www.leica-camera.com/ ______________________________________________ Do you have friends, colleagues or acquaintances who might also be interested in this service? If so, please forward this communication to them, or kindly alert them to the free subscription service at the following address: http://www.leica-camera.com/produkte/service/newsletter/index_e.php3 You will receive this mail if you have entered your name on the distribution list offered by Leica Camera AG on the internet. If your mailing address changes, or if you wish to re-subscribe or cancel your free subscription, you can find the appropriate instructions at the following site: http://www.leica-camera.com/produkte/service/newsletter/index_e.php3 If you have questions or suggestions concerning Leica Camera AG offerings, please sent us an e-mail. http://www.leica-camera.com/mail/index.php3 Leica Newsletter v1.2