Leica Announces Record Sales for 2011

After sticking too long to film technology, it looks like Leica is finally getting the digital game figured out. Yesterday it announced a record profit of €248.9 million for the latest fiscal year, a significant increase from the €158.2 million it earned the previous year.

The positive development is mainly due to the continuing strong demand for the Leica M system, the professional S system, the compact cameras and the Leica sport optics products.

They will also be paying dividends to shareholders — the first time the company has done so since 1997!

Image credit: Leica M9: Logo by bfishadow