Logitech continued to benefit from pandemic-driven trends such as flexible working/learning and fast-growing areas such as gaming, which boosted demand for its broad product portfolio. Notably, Video Collaboration, Tablets & Accessories and, PC Webcams have seen a huge surge in sales. This, coupled with lower overall operating expenses, has resulted in a strong bottom line and led the group to raise again its FY21 outlook having already done so in Q2. We expect a strong end to FY21.
19 Jan 2021
Continued momentum results in a strong Q3 showing
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Continued momentum results in a strong Q3 showing
Logitech International S.A. (LOGN:SWX) | 0 0 0.0%
- Published:
19 Jan 2021 -
Author:
Kulwinder Rajpal -
Pages:
3
Logitech continued to benefit from pandemic-driven trends such as flexible working/learning and fast-growing areas such as gaming, which boosted demand for its broad product portfolio. Notably, Video Collaboration, Tablets & Accessories and, PC Webcams have seen a huge surge in sales. This, coupled with lower overall operating expenses, has resulted in a strong bottom line and led the group to raise again its FY21 outlook having already done so in Q2. We expect a strong end to FY21.