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Is Minox making money?


art_doyle

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In 1996 Lecia bought out the failed Minox GmbH. Since then the management have purchased back 51% of the company. It is now owned by Minox.

 

<http://www.leica-camera.com/unternehmen/presse/data/02211/index_e.html>

 

is the last financial report I know about.

 

I have for 33 years questioned "what business is Minox in?" as they seemed relucant to sell cameras. If you read the dealler price list at <http://www.submin.com/8x11/manuals/minox> you can see the very high margins that Minox USA had and the equally high margins they suggested the dealers take. Although some edging against exchange rates and the cost of transportation to the USA is to be expected US prices where running at double German prices and in the UK it was often over three times as much. This differential still exists.

 

There have been many changes to the business practice since 1996 and we may expect more in the future.

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