Focusrite’s FY25 results are as expected following the September trading statement, with a reassuring return to revenue growth after several years of market headwinds. New launches from Focusrite, ADAM Audio and Sequential helped to drive growth in the Content Creation (CC) division, while the slight YoY decline in Audio Reproduction (AR) reflected a normalising market in China. A strengthening balance sheet provides management with optionality on shareholder returns and potential M&A opportunit ....
