DGAP-Adhoc: Leica Camera AG: Result first quarter fiscal year 2008/2009


Leica Camera AG / Quarter Results

08.08.2008 

Release of a Adhoc News, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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Leica Camera Group closed the first quarter with sales of EUR 26,999,000
(previous year: EUR 43,560,000). The strong decline is due to reduced sales
of the M system and of digital compact cameras, resulting from delays in
the introduction of new products.

As compared to the prior year period the Group result for the first quarter
has decreased by EUR 8,018,000 to a Group net loss of EUR 3,850,000
(previous year: Group net income of EUR 4,168,000). This decrease results
from the decrease in sales, as well as from increased research and
development expenditure, which in the first quarter of the fiscal year
amounted to EUR 4,668,000 (previous year: EUR 3,451,000).

For the fiscal year 2008/2009 the Company’s Board of Management continues
to expect a Group net loss in the higher one-digit EUR million range,
resulting from research and development expenditure, selling costs and
delayed market introduction of new products. The same applies to the
single-entity results of Leica Camera AG. Provided innovative products be
successfully introduced to the market at the 2008 photokina trade fair the
Board of Management deems probable a break-even or slightly positive result
in the following fiscal year, 2009/2010.

Contact:
Gabriele Würtz / Telefon direkt +49 6442 - 208 306 / Telefax direkt +49
6442 - 208 455 / gabriele.wuertz@leica-camera.com


DGAP 08.08.2008 
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Language:     English
Issuer:       Leica Camera AG
              Oskar-Barnack-Straße 11
              35606 Solms
              Deutschland
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, München, Hamburg, Stuttgart
End of News                                     DGAP News-Service
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