German camera maker Leica logs record revenue for third time in a row
German camera and optics manufacturer Leica reported on Tuesday that its annual turnover hit a record level for the third time in a row. The venerable brand based in the town of Wetzlar, near Frankfurt, posted revenue of €485 million ($522 million) in the 2022-23 fiscal year that ended last March. This was an increase of 9% compared to the previous financial year. The Leica Camera Group, which is owned by majority shareholder Andreas Kaufmann and US investor Blackstone, does not publish profit f