Archived posting to the Leica Users Group, 2008/12/06
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]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