Archived posting to the Leica Users Group, 2009/08/07

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Subject: [Leica] Leica's latest figures
From: douglas.sharp at gmx.de (Douglas Sharp)
Date: Fri, 07 Aug 2009 14:15:12 +0200

Considering that we are in the middle of a financial crisis, Leica has 
come away a lot better than many other medium and small scale 
enterprises in Germany, at least they haven't introduced short-time or 
laid anybody off.

This morning's /Hannoversche Allgemeine Zeitung/ reports:

*Leica still in the red*

The camera manufacturer Leica has slipped back into the red. A reported 
by the company in mid-Hessian Solms on Thursday, Leica registered a loss 
of 4.8 million euros in the financial year 2008/2009 (to 31.3.2009). In 
the same period of the previous year, the company made a profit of 3 
million euros.
Turnover figures fell by 14.1 percent to 134.2 million euros. the 
company expects to register a further loss in the current financial year.

Could be a lot worse.

Douglas