Leica Camera AG / Key word(s): Final Results
01.06.2011 19:39
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.
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The Board of Management today finished preparation of the preliminary
financial statements for fiscal year 2010/2011.
On Group basis Leica Camera AG was able to increase sales in the last
fiscal year (April 1, 2010 to March 31, 2011) by 57.3 % to EUR 248.9
million (previous year: EUR 158.2 million). EBIT rose to EUR 42.4 million
(previous year: EUR 7.4 million) and thus increased almost six-fold. Group
net income was EUR 30.4 million (previous year: EUR 3.2 million). These
figures evidence that the positive development seen in the third quarter
was confirmed and consolidated also in the fourth quarter. Against the
background of this development the Board of Management will propose to the
Supervisory Board and the General Meeting that a dividend be declared for
the first time since 1997. According to the proposition the Board of
Management will recommend to the General Meeting to resolve upon a dividend
payment in the amount of EUR 0.30 per share. The proposition thus provides
for a distribution to shareholders in the total amount of about EUR 5.0
million.
The positive development is mainly due to the continuing strong demand for
the Leica M system, the professional S system, the compact cameras and the
Leica sport optics products. The financial statements will contain a
detailed report on the business development of the last fiscal year, as
well as the business prospects for the current fiscal year. The financial
statements will be published after having been certified by the auditors
and approved by the Supervisory Board. Until then 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
01.06.2011 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: Leica Camera AG
Oskar-Barnack-StraÃe 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, Düsseldorf, Hamburg, München,
Stuttgart
End of Announcement DGAP News-Service
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DGAP-Adhoc: Leica Camera AG: Leica closes fiscal year 2010/2011 with record sales and intends to pay dividend to shareholders
| Source: EQS Group AG