Logitech reported Q4 results ending in March. Revenues declined 3% to US$431m, however, excluding OEM revenues, retail sales increased by 4% and 6% at cc to US$431m. The operating income jumped 22% to US$22m and the EBIT margin increased from 4.1% to 5.2%. The gross margin improved further by 90bp to 33.1% and operating expenses declined by 3%. Revenues in the Americas declined by 9% to US$162m but grew in EMEA by 17% and Asia Pacific by 9%. Revenues in the Americas were negatively impacted b
28 Apr 2016
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Logitech International S.A. (LOGIN:MEX) | 0 0 0.0%
- Published:
28 Apr 2016 -
Author:
Heinz Steffen -
Pages:
2
Logitech reported Q4 results ending in March. Revenues declined 3% to US$431m, however, excluding OEM revenues, retail sales increased by 4% and 6% at cc to US$431m. The operating income jumped 22% to US$22m and the EBIT margin increased from 4.1% to 5.2%. The gross margin improved further by 90bp to 33.1% and operating expenses declined by 3%. Revenues in the Americas declined by 9% to US$162m but grew in EMEA by 17% and Asia Pacific by 9%. Revenues in the Americas were negatively impacted b