Archived posting to the Leica Users Group, 1999/11/12

[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]

Subject: [Leica] Leica AG 2nd Q: almost b/e
From: Christer Almqvist <christer@almqvist.net>
Date: Fri, 12 Nov 1999 14:02:54 +0100

The second quarter  (July-Sept) results were published in German newspapers
today:

- - operating loss was .2 million DM (divide by two to get approx $) vs.  2
million DM loss 2nd Q last year
- - the after tax los was 1.5 million DM vs 4.2 million DM
- - R&D was up by 28% or 1 million DM to 4.6 million DM
- - sales were unchanged 65 million DM
- - second half year expected to be profitable due to tradional higher sales
in that period, new products and effect of cost reduction; full year after
tax result is expected to be break-even.

And now a personal note:

I have been travelling for some weeks and my Mac operating system broke
down one of the first days and I did not have any back-up. I know I have
lost a lot of mail, so if you have written me and not got an answer, please
remail. Thank you.