In Q3 16/17 ending in December, the company reported strong growth rates. Revenues increased 7.3% to US$666.7m and, excluding the OEM business in 2015/16, revenues increased by 12.1%. Gross profit improved 19.3% to US$248.7m and the gross margin increased from 33.6% to 37.3%. EBIT also improved considerably by 43.3% to US$96.3m. The EBIT margin increased from 10.8% to 14.4%. In the third quarter of the financial year, the company increased the fair value of contingent considerations of the ac
25 Jan 2017
Accelerating revenue and earnings growth!
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Accelerating revenue and earnings growth!
Logitech International S.A. (LOGIN:MEX) | 0 0 0.0%
- Published:
25 Jan 2017 -
Author:
Heinz Steffen -
Pages:
2
In Q3 16/17 ending in December, the company reported strong growth rates. Revenues increased 7.3% to US$666.7m and, excluding the OEM business in 2015/16, revenues increased by 12.1%. Gross profit improved 19.3% to US$248.7m and the gross margin increased from 33.6% to 37.3%. EBIT also improved considerably by 43.3% to US$96.3m. The EBIT margin increased from 10.8% to 14.4%. In the third quarter of the financial year, the company increased the fair value of contingent considerations of the ac