Tag Archives: financial results

Leica Camera AG reports 8.5% sales increase for Q3 of 2011/12

Leica Camera reported 8.5% sales increase for the 3rd quarter of fiscal year 2011/2012 compared to same period from previous year. Earnings before interest and taxes (EBIT) is up 10.0%. The company added 79 new employees in 2011.

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Leica Camera AG reports 28% sales increase in the first half of fiscal year 2011/12, sales and earnings forecast increased

Today Leica Camera AG announced increased sales in the first half of fiscal year 2011/12. Sales and earnings forecasts for the remaining of the years were raised: Leica Camera AG, Solms, consistently pursues its course of innovation and growth in the first half of the current fiscal year 2011/2012. Following the record results in fiscal year [...]

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WSJ: the Blackstone-Leica deal valued at €130 million ($179 million)

According to the WSJ, Leica Camera sold 44% of the company to Blackstone for €130 million ($179 million): “Though the price wasn’t disclosed, the deal is valued at roughly €130 million ($179 million), according to a person close to the matter.” In 2004 Dr. Kaufmann, bought 95% of the company for approximately €60 million ($82 million): “Mr. Kaufmann, a [...]

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Leica sells 44% to Blackstone

    Not really a big surprise since Leica has been looking for a sell since they turned around their finances. Why sell only 44%? My guess is that way Dr. Kaufmann can still own the majority (51%) of the company (he owned 95% of Leica’s stock: 95%-44% =51%). Here is the full press release: Leica [...]

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Leica Camera AG Q1 financial results for 2011/2012 fiscal year are out

Leica Camera AG released its interim financial report for first quarter of the 2011/2012 fiscal year. Sales are up 28.7% compared with previous year. Leica has also taken “measures designed to improve stock availability”. Here is the full report: Leica Camera Group maintained its growth during the first quarter of the new fiscal year. At EUR 72,313,000, sales [...]

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