Leica has best year ever

David Kieltyka said:

Compare Leica's €450 million to Canon's nearly €32 billion during roughly the same period and you'll better grasp how small an outfit Leica is.

-Dave-

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Jon Schick said:

Yes Leica is comparatively very small but Canon is in a lot of businesses beyond photography and optics which contribute to that turnover... Eg they are a major player for printers and for expensive medical diagnostic systems/scanners etc. Leica has a much smaller footprint in that market.

I'd be more interested in profit figures rather than turnover - and wonder if the % margin may be quite different between the two companies?

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David Kieltyka said:

Jon Schick said:

Yes Leica is comparatively very small but Canon is in a lot of businesses beyond photography and optics which contribute to that turnover... Eg they are a major player for printers and for expensive medical diagnostic systems/scanners etc. Leica has a much smaller footprint in that market.

I'd be more interested in profit figures rather than turnover - and wonder if the % margin may be quite different between the two companies?

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Yes, maybe Nikon would've been a fairer choice. Their imaging division's 2021-ish revenue was ~US1.1 billion (if I've got my yen-to-dollar conversion right).

Dunno about profit margins. I'd guess Leica's margin is higher as their strategy sure looks like "serve niche market with requisite volume (low) and price (high)."

-Dave-

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