[Leica] Leica Financials - M8 saves the day.

[vick.ko at sympatico.ca (Vick Ko)]

Wow, that is fantastic news.

Thank you for posting this.

Vick 

-----Original Message-----
From: lug-bounces+vick.ko=sympatico.ca@leica-users.org
[mailto:lug-bounces+vick.ko=sympatico.ca@leica-users.org] On Behalf Of
Howard Cummer
Sent: Saturday, December 01, 2007 1:12 AM
To: lug@leica-users.org
Subject: [Leica] Leica Financials - M8 saves the day.

Dear Luggers,

In case some of you may have missed this, the following was posted by John
Buckley on the Leica Users Forum
yesterday:

In the first six months of the current fiscal year, i.e. until September 30,
2007, the Leica Camera AG Group (ISIN DE000A0EPU98) registered sales growth
of 71.2 %, to EUR 88.8 million. Sales in the Photo segment grew by 147.0 %,
to EUR 62.6 million. The strong sales growth of digital compact cameras and
the success of the digital rangefinder camera M8 are clearly in evidence
here. Sales in the Sports optics segment have increased by
1.9 %,
to EUR 16.4 million.

Compared to the prior year period, Group net income/loss improved by EUR
11.0 million to a net income of EUR 6.5 million. This enhanced performance
is mainly due to the increase in sales.

For fiscal year 2007/2008 Leica Camera Group aims at achieving a positive
operating result and for the following fiscal years at further improving its
performance. The precondition therefor is that the reorientation of the
product portfolio and the implementation of the restructuring concept are
continued according to plan.

28.11.2007 Financial News transmitted by DGAP