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: Thinkofcole at aol.com (Thinkofcole@aol.com)
Date: Wed Dec 15 16:06:57 2004

Phong, Leica sends its newletter. The latest is dated 15/12/2004 --today's  
{wed} date. I checked Leica AG's corporate site and it ran the same item a 
few  
day's earlier. Here it is in toto: regards, bob cole
____________________________________________________________________________
 
 Dear Leica friends,

__Leica Camera Group does not catch up in  the months of October and November

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.


With best  regards,
Leica Camera AG
Corporate  Communications
http://www.leica-camera.com/

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Replies: Reply from phong at doan-ltd.com (Phong) ([Leica] Leica expects lower operating results for the year)