Re: Leica Financial news...

Restructuring expenses burden the FY result with ? 6.8 million compared to ? 4.0 million in FY 2004/2005.

Bart.


----- Original Message ----- From: "Bob Adler" <rgacpa@xxxxxxxxxxx>
To: <leica@xxxxxxxxxxxxx>
Sent: Tuesday, May 23, 2006 7:25 PM
Subject: Re: Leica Financial news...


Though certainly better news, I wouldn't characterize
a loss of 9M Euros as "a good thing". Certainly better
than 18M, but not really very good. Hopefully the
losses are from one-time events that will allow
profitability next year. If it's a systemic loss
that's a whole 'nother ball game.

Anyone delve into the financials who can shed some
more detailed information?

Bob





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