Nocti-Luchs Posted June 20, 2007 Share #1 Posted June 20, 2007 Advertisement (gone after registration) Good news from Leica Camera AG (executive summary) : Turnover: + 36,5 % Profit: 0,5 Mio. EUR Main reason for this: M8 Read more here (German): Ad hoc - Meldungen - Investor - FAZ.NET Link to post Share on other sites More sharing options...
Advertisement Posted June 20, 2007 Posted June 20, 2007 Hi Nocti-Luchs, Take a look here No losses anymore - Thanks to M8. I'm sure you'll find what you were looking for!
marknorton Posted June 20, 2007 Share #2 Posted June 20, 2007 Putting some meat on that: Turnover to 31 March 2007: €145m (+36.5%) System Cameras: €53.5m (37%) (+55.5%) Compact Cameras: €39.3m (27%) (+132.4%) Sport Optics: €30,7m (21%) (-15.7%) - some products at end of life with new introductions planned. Profit €0.5m, compared to a loss of €9.2m last year US: Sales +44.2%, €37.8m, 26% of total, biggest single market Germany: +19%, €24.2m A welcome set of results, I would say. Link to post Share on other sites More sharing options...
Guest sirvine Posted June 20, 2007 Share #3 Posted June 20, 2007 Wow, they really are a small company. I guess I didn't realize how small. Interesting...thanks guys. Link to post Share on other sites More sharing options...
wparsonsgisnet Posted June 20, 2007 Share #4 Posted June 20, 2007 In the days when they were producing the M6 as the principal camera, I seem to remember that they made 2-3 dozen cameras a week. It is amazing that these guys exist at all. Most products in the so-called luxury category don't last like this. And this particular product(s), tho expensive, are actually not luxury items by many definitions: they last forever, get serviced forever, and don't depreciate much. Link to post Share on other sites More sharing options...
Eoin Posted June 20, 2007 Share #5 Posted June 20, 2007 Good reversal of loss but €.5m on €145m without having a look at the accounts looks like there is still a huge uphill struggle to overcome. Welcome news none the less. Link to post Share on other sites More sharing options...
andybarton Posted June 20, 2007 Share #6 Posted June 20, 2007 I'd love to see the R/M split on these figures... Link to post Share on other sites More sharing options...
delander † Posted June 20, 2007 Share #7 Posted June 20, 2007 Advertisement (gone after registration) Thats not a full year of M8 and more lens sales, so would expect much better next year. Link to post Share on other sites More sharing options...
FastFashnReloaded Posted June 20, 2007 Share #8 Posted June 20, 2007 Is the Panasonic relationship reflected in "compact cameras"? Dojn't forget that Leica is more than just cameras, FYI. Link to post Share on other sites More sharing options...
marknorton Posted June 20, 2007 Share #9 Posted June 20, 2007 Is the Panasonic relationship reflected in "compact cameras"? Dojn't forget that Leica is more than just cameras, FYI. Err, it's cameras and binoculars/spotting scopes and IP licencing. That's it. It is NOT microscopes, lab instruments and surveying instruments. Link to post Share on other sites More sharing options...
jaapv Posted June 20, 2007 Share #10 Posted June 20, 2007 I wonder to what extent the M8 upgrade and various extra costs for other start-up troubles have influenced the result. Link to post Share on other sites More sharing options...
luigi bertolotti Posted June 20, 2007 Share #11 Posted June 20, 2007 I too would be curious to examinate some in-depth detailed financials... for US companies one can find the superanalytical "SEC filings"... don't know if the German market in which Leica stock is traded requires this level of detail... does someone knows something about ? Link to post Share on other sites More sharing options...
rsh Posted June 21, 2007 Share #12 Posted June 21, 2007 It would be nice if the company name reverted to Ernst Leitz Wetzlar after the move. Link to post Share on other sites More sharing options...
blakley Posted June 21, 2007 Share #13 Posted June 21, 2007 I too would be curious to examinate some in-depth detailed financials... for US companies one can find the superanalytical "SEC filings"... don't know if the German market in which Leica stock is traded requires this level of detail... does someone knows something about ? I believe the FY 2006 Annual Report will be posted soon, timed to coincide with the annual shareholders' meeting. Link to post Share on other sites More sharing options...
NZDavid Posted June 21, 2007 Share #14 Posted June 21, 2007 "Most products in the so-called luxury category don't last like this." Not so, there are dozens of very small but very successful European watch companies still producing exclusive and expensive products despite the dominance of cheap and accurate watches. Not saying this is how Leica should go, but biggest is not always best. Having a niche market is a good way for many businesses to secure their longterm future. I think, though, there are still more products Leica could develop with greater mass-market and professional appeal. Link to post Share on other sites More sharing options...
jaapv Posted June 21, 2007 Share #15 Posted June 21, 2007 I think, though, there are still more products Leica could develop with greater mass-market [...] appeal. Develop - yes. Produce for the mass-market -no. The workforce is too small and additional craftsmen/women not so easily trained. Link to post Share on other sites More sharing options...
ron110n Posted June 22, 2007 Share #16 Posted June 22, 2007 I wonder to what extent the M8 upgrade and various extra costs for other start-up troubles have influenced the result. It is costumarily the OEM company who is responsible for that. There is also "Risk Management Insurance". -Ron Link to post Share on other sites More sharing options...
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