Germany's Leica Camera AG has announced distribution of its first dividend in close to fifteen years, on the back of soaring sales and profits. The company, which concluded a board meeting on August 11th, reported total sales of 248.8 million in the financial year ending 31st March 2011, up 57.2% from the previous year. Earnings before interest and taxes rose from 7.4 million in FY 2009/2010 to 41.5 million. Profits for the group, which manufactures both cameras and sport optics, climbed from 3.2 million to 36.3...(read more)
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Mon, 2011-08-15 17:05