Great news: the latest financial report form Leica got officially published today and the results are better than expected – here is the full press release:
Annual financial statements 2009/2010: Leica turnaround exceeds expectations
New products and a successfully completed restructuring project have brought Leica Camera AG back in the profit zone. The figures of the Company’s annual financial statements for the reporting period April 1, 2009 to March 31, 2010 are above expectations: at € 158.2 million, sales of the Company are € 24 million or 18 % above the prior year. The operating result (EBIT) increased to € 7.4 million, after a loss of € 1.3 million in fiscal 2008/2009. The Group net income amounts to € 3.2 million (previous year: net loss of € –5.2 million).
Read the rest of the press release after the break:
Fundraising on Twitter for Leica enthusiasts’ charity initiative
Starting on 30 June 2010, Leica Camera AG will donate € 0.50 (0.50 Euros) to the UK-based Association for International Cancer Research (AICR) for every new follower of Leica’s Twitter account http://twitter.com/leica_camera (@leica_camera). Leica will donate an additional € 1,000 to the AICR upon reaching 10,000 followers by 9 July 2010.