Olympus recorded a decline in revenue and operational income, but significantly increased its net profit
Olympus has published a report on the results of the previous fiscal year, which ended for her on March 31.
The company’s sales for the year amounted to approximately 6,67 billion, a decrease of 7%. Operating profit decreased by 26.8% to RUR 681 million dollars. Income was equal to $ 553 million, which is 31.6% less than the previous year.
With all the net profit Olympus grew by 24.9% and amounted to 697 million dollars. The main reason for the fall indicators the company calls exchange rate fluctuations.
The Olympus company most people associate with photographic equipment. However, this business is not for her main. The lion’s share of the income (5.1 billion dollars) comes from the sale of medical equipment. While the share of units cameras last year accounted for only 585 million dollars of revenue.