Logitech: annual targets raised
(CercleFinance.com) - On its quarterly results on Monday evening, Logitech increased its targets for 2024-25, now expecting growth of 0 to 4% in adjusted operating profit (non-GAAP), with sales up by 1% to 3%.
The computer accessories supplier's management said that it has started the new financial year strongly, with high-quality, well-distributed growth across all key regions and categories.
The Swiss group's adjusted EPS jumped 74% to $1.13 in Q1, while its adjusted operating profit rose 67% to $182m, on sales that are up 12% to $1.1bn (+13% at constant exchange rates).
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The computer accessories supplier's management said that it has started the new financial year strongly, with high-quality, well-distributed growth across all key regions and categories.
The Swiss group's adjusted EPS jumped 74% to $1.13 in Q1, while its adjusted operating profit rose 67% to $182m, on sales that are up 12% to $1.1bn (+13% at constant exchange rates).
Copyright (c) 2024 CercleFinance.com. All rights reserved.