Tag Archives: financial results

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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Leica Camera AG approves dividend

Annual General Meeting of Leica Camera AG approves dividend / year concludes with record sales / Board of Management reaffirms results forecast On August 12, 2011 in the Wetzlarer Rittal-Arena, the Annual General Meeting of Shareholders (AGM) of Leica Camera AG, Solms resolved to distribute a dividend for the first time since 1997. The dividend […]

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Leica Camera AG pays dividend for the first time since 1997

Leica Camera AG, Solms, finished the 2010/2011 financial year (1 April 2010 to 31 March 2011) with record sales. With total sales of €248.8 m, the Hessian company with a long tradition of manufacturing cameras and sport optics products increased its sales by 57.2% compared to the previous year (€158.2 m). The company’s earnings before interest and taxes (EBIT) […]

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Leica expects moderate growth after record year

The complete Leica Camera 2011/2011 annual report is out but so far only in German language. You can read the short recap from Finanznachrichten: “After a rapid profit and revenue growth in fiscal year 2010/2011, the camera maker Leica expects this year with a weaker growth. The sales should rise by 3 to 5 percent.” […]

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