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