Friday, June 29, 2012

LEICA CAMERA AG ANNUAL REPORT


LEICA CAMERA AG ANNUAL REPORT

Leica camera AG, Solms, Germany issued their annual report yesterday, an Ad-hoc Announcement in accordance with § 15 WpHG

For the fiscal year 2011/2012 ending March 31, 2012 the Board of Management proposed a gross dividend of €1.83 per Leica Camera AG share. That is considerable increase over fiscal 2010/2011 which rendered a gross dividend of €0.30.

Sales increased by 19.3 % to €296.8 million over sales of € 248.8 million of the previous year.   EBIT rose 41.5 %to € 58.7 million over € 41.5 million of the previous year, a significant increase.

Regardless of criticism often heard regarding Leica, their price structure and product line, the sales increases reported in previous years and the figures in yesterday’s report clearly show that Leica is on the right track.  




1 comment:

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