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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Focusrite Plc | LSE:TUNE | London | Ordinary Share | GB00BSBMW716 | ORD 0.1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 354.00 | 350.00 | 365.00 | 0.00 | 07:36:54 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Musical Instrument Stores | 178.47M | 17.8M | 0.3038 | 11.77 | 209.45M |
From Apr 2019 to Apr 2024
TIDMTUNE
RNS Number : 7483J
Focusrite PLC
14 September 2016
Strictly embargoed until: 07.00 14 September 2016
Focusrite Plc
('the Company')
Pre-close Trading Update
Focusrite Plc (AIM: TUNE), the global music and audio products company, confirms that it expects revenue for the year ending 31 August 2016 to be approximately GBP54 million, following a strong performance in the second half.
Cash ended the year at GBP5.6m, up from GBP4.0m at the half year.
Phil Dudderidge, Executive Chairman commented:
"We are very pleased with the outcome of our product launches this year, especially the second generation Scarlett interface range. Scarlett is the number one selling audio interface product line in the world with over one million units sold since its launch in 2011 and is Focusrite's leading product offering by volume of sales. The new and upgraded Scarlett range is targeted at the large market of home recording by aspiring musicians through to professional producers and sound engineers. The second generation of Scarlett has been well received by our sales channels and consumers and has received great industry media reviews.
The Company will announce its final results for the year ended 31 August 2016 on 22(nd) November 2016.
- ends -
Enquiries:
Hot Features
Premium
Focusrite Plc:
Phil Dudderidge
(Chairman) +44 1494 836301
Dave Froker (CEO) +44 1494 836301
Jeremy Wilson (CFO) +44 1494 836301
Panmure Gordon
+44 20 7886
Freddy Crossley 2968
+44 20 7886
Tom Salvesen 2904
Belvedere Communications
+44 20 3567
John West 0510
+44 20 3567
Kim Van Beeck 0510
This information is provided by RNS
The company news service from the London Stock Exchange
END
TSTDMGMLVFRGVZM
(END) Dow Jones Newswires
September 14, 2016 02:00 ET (06:00 GMT)
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