AGM Statement

RNS Number : 7154T

Focusrite PLC

10 January 2017

 

Strictly embargoed until: 07.00, 10 January 2017

Focusrite Plc

("the Company")

AGM Statement and Update on Trading

Focusrite Plc (AIM: TUNE), the global music and audio products company that trades under the Focusrite and Novation brands around the world, will today hold its Annual General Meeting (AGM) at 2.00 p.m. at the offices of Stephenson Harwood LLP, 1 Finsbury Circus, London, EC2M 7SH.

Phil Dudderidge, Executive Chairman, will make the following statement regarding current trading:

"In November 2016, at the time of our final results announcement, we updated the market that our positive trading momentum had continued since the year end.  I am pleased to confirm that November and December also demonstrated good growth in revenue compared with the prior year, coupled with strong cash generation."

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Enquiries:

Focusrite Plc:
Tim Carroll (CEO)	[phone]
Jeremy Wilson (CFO)	[phone]
Panmure Gordon
Freddy Crossley	[phone]
Tom Salvesen	[phone]
Belvedere Communications
John West	[phone]
Kim Van Beeck	[phone]

Notes to Editors

Focusrite is a global music and audio products group supplying hardware and software products used by professional and amateur musicians, which enables the high quality production of music.

The Group has two established and rapidly growing brands: Focusrite and Novation. The Focusrite brand makes audio interface and other products for audio recording musicians. The Novation brand allows its customers to make electronic music using synthesisers and computer-enabled technology.

The Group has a global customer base with a distribution network covering approximately 160 territories. Focusrite is headquartered in High Wycombe, United Kingdom with marketing subsidiaries in Los Angeles and Hong Kong, and has around 170 employees.

 

END

 

 

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