Leica Camera reports 'strong revenue growth' for 2016/2017 fiscal year ...

LARS REHM, DPREVIEW:

In recent years, financial reports from major camera manufacturers haven't typically made for overly positive news stories; however, Leica Camera AG is bucking this trend with the announcement of its results for the 2016/2017 financial year ending March 31st. Apparently, the German camera maker has been able to grow revenue by 6 percent, despite the global camera market declining by around 10 percent over the same period.

Leica cites systematic realignment of the company over recent years as the main driver of the positive development.

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