Leica is doing great: revenue up 7.6% to €596 million, alongside continued profitability growth
Leica Camera released its FY 2024/25 financial results – here is a recap (see previous financial results):
- Financial Performance: Leica Camera Group achieved record sales for FY 2024/25 (April 2024–March 2025), with revenue up 7.6% to €596 million (from €554 million the previous year), alongside continued profitability growth.
- Regional Sales Growth: Europe led with 7.6% increase (Germany at 11.4%), followed by Asia (7.3%) and North America (6.2%); online sales rose 12.5%.
- Key Growth Drivers: Expansion in Photo core segment and new areas like Mobile (smartphones), Smart Projection (projectors), Watches, and Eyecare; Sports Optics remained the second-largest segment despite market challenges.
- Product Launches in Photo Segment: Leica Q3 (top digital camera seller, new 43mm variant in Sept 2024), SL3 and SL3-S full-frame cameras, D-Lux 8 compact, and M11-D (display-less M-System model).
- Mobile Segment Developments: Ongoing Xiaomi partnership with Xiaomi 14T (Sept 2024) and Xiaomi 15 series (March 2025) featuring Leica lenses; Leica LUX app launched June 2024 (over 1M downloads); Leica LUX grip added Feb 2025.
- Sports Optics Highlights: New Ultravid Compact Colorline binoculars; efforts to digitalize portfolio with infrared cameras and distance measurement tools.
- Smart Projection and Accessories: Cine Play 1 mini-projector launched Nov 2024; Leica ZM 12 watch introduced Feb 2025 with four dial options.
- Strategic Initiatives: Leveraged optics/mechanics expertise for user experience; expanded global stores in Wuhan, Tokyo, and Seoul; multi-channel sales model including e-commerce and auctions; plans for further retail growth.
- Future Outlook and Anniversary: Celebrating 100 years of the Leica I in 2025 with theme “100 Years of Leica: Witness to a Century,” featuring cultural projects, special editions, global events (e.g., Dubai, Milan, New York, Shanghai, Tokyo), and exhibitions in Leica Galleries.
- CEO Quote: Matthias Harsch: “We are meeting the global growth in demand for cameras with high-quality products ‘Made in Germany’… Our business success is rooted in innovation and the expansion of our own global sales network.”
Additional informtion is available here:
Leica Camera FY 2024/25 financial results: revenue up 7.6% to €596 million, alongside continued profitability growth
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