Leica Camera AG
Leica Camera AG: Leica with further sales increase in first half of fiscal year 2011/2012; Board of Management increases results forecast
Leica Camera AG / Key word(s): Half Year Results 07.11.2011 12:39 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- According to preliminary figures, Leica Camera Group has increased sales in the first half of the fiscal year ending March 31, 2012 to EUR 141.7 million, or by 27.9 % compared to the same period in the previous fiscal year (EUR 110.8 million). In the first half of fiscal year 2011/2012 EBIT rose to EUR 33.1 million, or by 138.6 % compared to the same period in the previous fiscal year (EUR 13.9 million). On the strength of the extremely favorable development in the first half of the fiscal year, the Board of Management increased the sales and earnings forecast for the whole of the current fiscal year. Hitherto the Board had expected a sales increase of 3 % to 5 % for the Group in fiscal year 2011/2012 (on EUR 248.8 million in fiscal year 2010/2011) and an EBIT of more than EUR 20 million. The Board now expects sales in fiscal year 2011/2012 to increase by at least 10 % on the previous fiscal year. As to EBIT, the Board for fiscal year 2011/2012 forecasts an increase of around 20 % compared to the same period in the previous fiscal year (EUR 41.5 million). The decisive factors in this better-than-expected development are the continuing strong demand for the Leica M-System, the professional S-System, the compact cameras and the Leica sport optics products, as well as the opening of additional Leica Stores. Details of the Company's development in the current fiscal year and information on the outlook will be given in the report on the first half of fiscal year 2011/2012, to be published on November 10, 2011. All figures are preliminary and unaudited. Contact: Andreas Dippel / Phone direct +49 6442 - 208 403 / Fax direct +49 6442 - 208 455 / andreas.dippel@leica-camera.com 07.11.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Leica Camera AG Oskar-Barnack-Straße 11 35606 Solms Germany Phone: 06442-208-0 Fax: 06442-208-333 E-mail: ir@leica-camera.com Internet: www.leica-camera.com ISIN: DE000A0EPU98 WKN: A0EPU9 Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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