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Focusrite PLC Ord 0.1P (TUNE)

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19-Nov-2019 02:19 PM

Focusrite profit up 11% as product launches boost sales

Audio and music products company Focusrite booked an 11% rise in annual profit as product launches helped boost sales. Pre-tax profit for the year through August rose to £13.0m, up from £11.7m on-year. Revenue climbed 13% to £84.7m and
30-Apr-2019 10:11 AM

Focusrite hikes dividend as profits jump on improved margins

Focusrite hiked its dividend as the music and audio products market saw annual profits rise by more than a fifth on improved margin growth. For 2018, Profit before tax was up by 22.6% to £7.2m as revenue climbed 4.1% to £40.4m. Gross margi
19-Mar-2019 01:38 PM

Focusrite sees first-half profit rising on sales boost

Music and audio products company Focusrite said its first-half profits had risen amid a rise in sales. Revenue for the six months through February has risen to £40m, up from £38.8m on-year, the company said in a trading update. 'Sales h
21-Dec-2018 08:57 AM

Focusrite year-to-date revenue performance turns positive

Music and audio products company Focusrite said revenue for its financial year to date was now ahead of the previous year. 'When we announced our full year results on 20 November 2018, we commented that trading for the year to date was broadly simil
18-Sep-2018 09:46 AM

Focusrite sees annual revenue rising 15%

Music and audio products company Focusrite said it expected to post annual constant currency revenue growth of 15%, though growth had slowed in the second half. Revenue for the year through August was expected to rise to £66.1m, while profits would
24-Apr-2018 09:03 AM

Focusrite hikes dividend 33% amid strong half year performance

Audio products company Focusrite hiked its dividend after reporting that first half year profit and revenue rose sharply, buoyed by strong performance in the Christmas holiday season. Profit before tax rose by 26.8% to £5.8m from £4.6m, whil
09-Mar-2018 10:04 AM

Focusrite sees first-half revenue rising 25% on constant currency basis

Music products company Focusrite said it expected its first-half revenue to grew by more than 25% on a constant currency basis. Profits and cash would also grow on-year the company said. 'This growth has been across a wide range of product groups an
09-Mar-2018 08:43 AM

Focusrite sees revenue above prior year period amid broad growth

Focusrite said it expects revenue for the half year ending 28 February 2018, will be over £38m, up from £32m in the same period last year, representing an increase of over 25% on a constant currency basis. The upbeat outlook comes amid solid
21-Nov-2017 12:20 PM

Broker Forecast - Panmure Gordon issues a broker note on Focusrite Plc

Panmure Gordon today reaffirms its buy investment rating on Focusrite Plc (LON:TUNE) and raised its price target to 365p (from 345p). Story provided by StockMarketWire.com...
03-May-2017 12:40 PM

Broker Forecast - Panmure Gordon issues a broker note on Focusrite Plc

Panmure Gordon today reaffirms its buy investment rating on Focusrite Plc (LON:TUNE) and raised its price target to 265p (from 223p). Story provided by StockMarketWire.com...
22-Nov-2016 07:36 AM

Focusrite improves FY pretax profit

Focusrite has improved its FY pretax profit to £7.1m, from £6.5m. Proposed final dividend was lifted to 1.3p a share, taking the total to 1.95p, from 1.8p. "Focusrite has had an excellent second year of trading as a public company,"
26-Apr-2016 10:14 AM

Focusrite's H1 pretax profit slips on forex

Focusrite's H1 pretax profit has slipped to GBP2.4m, from GBP3.5m, due to a change in the fair value of forex contracts on each balance sheet date. Revenue was ahead at GBP25.9m, from GBP23.8m. Interim dividend was 0.65p, from 0.6p. Executive chair
14-Mar-2016 07:25 AM

Focusrite sees H1 revenue in line

Focusrite said, in line with expectations, it will be reporting H1 revenues of about GBP25.5m, up from GBP23.8m a year ago. It would issue its interim results for the six months ended 29 February 2016 in the final week of April 2016. Story provided
15-Sep-2015 07:27 AM

Focusrite in line

Focusrite expects its results for the year to Aug. 31 to be in line with market expectations. It has introduced 19 new products in the last 12 months. These new produces included, most recently, new audio interfaces from its Clarett range targeted primar
 
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