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Cameras trigger Leica growth

June 19, 2008

A 25% boost in sales of Leica compact cameras led to a 7.3% surge in the group?s turnover for the year to 31 March 2008.

Sales of compact cameras shot up by ?10.1m to ?49.5m, with the D-Lux 3, C-Lux 2 and V-Lux models named as the star performers, according to financial statements released yesterday.

Meanwhile, sales of Leica?s M8 digital rangefinder and lens system increased by ?3.6m to ?57.2m.

In contrast, sales of sports optics equipment such as binoculars fell 3.1% to ?29.7m.

Leica Camera AG?s total sales rose from ?145.7m in 2007, to ?156.2m this year.

Net income stood at ?3m, compared with the ?0.5m figure achieved by the group last year.

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