Archived posting to the Leica Users Group, 2008/12/06

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Subject: [Leica] Bad news at Leica
From: jls at (Jeffery Smith)
Date: Sat Dec 6 08:05:57 2008
References: <>

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 <>
To: Leica Users Group <>, LEG <>,
        LeicaReflex <>, MUG <>
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 for more information

----- End Original Message -----

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