Leica issues dividend as sales, profits climb

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