bullish

Focusrite Plc

Focusrite - Rising scale

33 Views09 Mar 2018 16:18
Issuer-paid
SUMMARY

Focusrite’s trading statement indicates constant currency sales growth of over 25%, even better sales growth than the headline 19%, because of the US dollar’s depreciation. The background is a continuation of widespread demand for the full product range across all the main geographies. Although trading patterns may be shifting to the first half, we are upgrading our forecasts by c 5%.

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